KBW Initiates WXS At Market Perform, $58 PT

KBW is initiating coverage of Wright Express Corp. WXS with a Market Perform rating and a 12-month price target of $58. “We are establishing 2011 and 2012 EPS estimates of $3.28 and $3.89, respectively,” KBW writes. Wright Express Corp. closed Monday at $53.10.
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Posted In: Price TargetAnalyst RatingsData Processing & Outsourced ServicesInformation TechnologyKBWWright Express Corp.
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