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Corpay CPAY - News Analyzed: 4,903 - Today: 100 - Last Week: 100 - Last Month: 500

↑ Corpay's Strategic Acquisitions and Partnerships Boost Revenue Goals

Corpay's Strategic Acquisitions and Partnerships Boost Revenue Goals
Corpay, Inc. (CPAY) continues to attract investor attention with several acquisitions and partnerships. Its collaboration with Jack Henry for international wires and with World Aquatics expanded its footing in the global arena. Recent major institutional investments by the likes of Merit Financial Group and Radnor Capital Management testify its solid reputation in the market. The company attained an exclusive global partnership with UFC and is also named the official FX supplier for Everton Football Club. Its Q4 and full year 2024 Earnings Call scheduled for February 5, is eagerly anticipated. Notably, its stock advanced 22% in 6 months cementing its bullish run. However, recently, CFO Tom Panther announced his departure in March 2025, which was a cause of concern for some. Wolfe Research rates the company as an outperformer and bullish on its B2B payments and revenue diversity. The company aims for a $1.5B revenue target in 2025, indicating a positive growth perspective.

Corpay CPAY News Analytics from Wed, 19 Jun 2024 07:00:00 GMT to Sat, 25 Jan 2025 08:57:43 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 4

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