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Enter Symbol:
Rating: FLT
Buy $178

FleetCor Technologies, Inc. (NYSE: FLT) rated to Buy with price target $178 by Deutsche Bank

Friday,  Dec 5, 2014  1:25 PM ET by Kristen Bailey

Deutsche Bank rated FleetCor Technologies, Inc.
(NYSE: FLT) to Buy with price target $178 with today's price of $151.77.

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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.



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