WEX Inc

NYSE: WEX
$230.42
+$0.52 (+0.2%)
Closing price April 19, 2024
WEX Inc. is a global commerce platform specializing in payment solutions across various sectors. It provides fleet vehicle payment services, including transaction processing and information management, primarily to businesses and government agencies. Additionally, WEX offers corporate payment solutions that cater to industries like travel, fintech, and insurance, focusing on embedded payments and accounts payable automation. Its Benefits Solutions segment delivers a software-as-a-service platform for managing consumer-directed healthcare benefits, utilizing embedded payment solutions and offering plan administration services. Founded in 1983 and based in Portland, Maine, WEX continues to innovate in the payment solutions space.
Monday's top upgrades and downgrades include Newmont, Paramount Global, JPMorgan Chase, IBM, and Humana.
Credit Suisse recently issued a few calls across multiple industries implying serious upside for each stock, but one in particular with over 75% upside.
24/7 Wall St. looks at some big analyst calls that we have seen so far on Tuesday, including Alibaba, Apple, Domino’s Pizza, Squarespace and Virgin Galactic.