How Will Wex (WEX) Stock React To This Ratings Initiation?

NEW YORK (TheStreet) -- Wex Inc. (WEX) , a provider of corporate card payment solutions, was initiated with a "hold" rating at Deutsche Bank (DB) on Thursday.

The firm said it initiated coverage on Wex based on a valuation call.

Deutsche Bank set a $124 price target on the stock.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

WEX Chart WEX data by YCharts

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