Raymond James upgrades FleetCor as activist deal, strategic review limits downside

interior-studio/iStock via Getty Images Raymond James updated FleetCor Technologies on Tuesday (NYSE: FLT) to outperform Market Perform, as it believes activist involvement and strategic review limit the downside in worsening macro conditions. The payments company announced a strategic review and agreement with DE Shaw activist investor who might see it the spin-off of certain companies….

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