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Rating: FLT
Overweight $180
up 21.00 %

FleetCor Technologies, Inc. (NYSE: FLT) reiterated to Overweight with price target $180 by Barclays

Friday,  May 1, 2015  1:25 PM ET by Kristen Bailey

Here is more proof that the Barclays rating can guide you in smart investing. Barclays reiterated FleetCor Technologies, Inc. (NYSE: FLT) to Overweight with price target
$180 with today's price of $158.91. Barclays rated FleetCor Technologies, Inc. (NYSE: FLT) to Overweight with price target $150 on 02/27/2014, when the price was $130.84. FleetCor Technologies, Inc.'s stock price gained 21% since then.
By following the previous Barclays's recommendation on FLT, you would have gained 21% in 428 days.

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.


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