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BofA lowers Corpay price target, says weakness a buying opportunity

BofA lowers Corpay price target, says weakness a buying opportunity

BofA analyst Mihir Bhatia lowered the firm’s price target on Corpay (CPAY) to $410 from $425 and keeps a Buy rating on the shares following Q4 results and a 2025 outlook that were below expectations. However, the firm views core business momentum as “solid” and views the current weakness as “a particularly attractive buying opportunity,” the analyst tells investors.

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