This commerce stock has lagged year to date. Why Loop Capital sees a bounce ahead

Wex is bound to bounce as the global commerce platform's efforts to court new customers drives its sales recovery, according to Loop Capital. The investment firm initiated coverage with a buy rating. It also put a $195 price target on shares, implying 30.8% from Monday's close. "WEX's management team has been winning new business that is expected to contribute more to revenue growth in 2026 than in 2025, analyst Dominick Gabriele said Monday in a note to clients. …