This commerce stock has lagged year to date. Why Loop Capital sees a bounce ahead
By Liz Napolitano
Published on April 28, 2026.
Wex is expected to recover from its struggles to find new customers, according to Loop Capital, an investment firm that initiated coverage with a buy rating and a $195 price target, suggesting a 30.8% increase in shares. The firm believes that WEX's management team has been winning new business that is predicted to contribute more to revenue growth in 2026 than 2025. The company's over-the-street (OPI) business, which makes up 30% of its sales, is also expected to perform well in the future. WEX shares have fallen nearly 4% over the past three months and are more than 20% below their 52-week high.
Read Original Article