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FleetCor Technologies, Inc. (FLT) [hlAlert]

Rating:
Equal-Weight
FLT

FleetCor Technologies, Inc. (FLT) rated Equal-Weight by Morgan Stanley

Posted on: Wednesday,  Jun 19, 2013  8:25 AM ET by Morgan Stanley

FleetCor Technologies, Inc.
(NYSE: FLT) rated Equal-Weight by Morgan Stanley.

Fleetcor Technologies, Inc. (FleetCor) is an independent global provider of specialized payment products and services to businesses, commercial fleets, oil companies, petroleum marketers and government entities in 18 countries in North America, Europe, Africa and Asia. FleetCor operates in two segments: North American and International segments. The Company provides its payment products and services in a range to create customized payment solutions for the customers and partners. It also uses third-party networks to deliver its payment programs and services in order to broaden its card acceptance and use. To support its payment products, the Company also provides a range of services, such as issuing and processing, as well as specialized information services that provide its customers with value-added functionality and data. In December 2011, it acquired AllStar Business Solutions Limited from The Arval Group.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/19/2013 8:25 AM Hold
None
89.23
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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