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On August 4, 2025,
surged 14.85% in pre-market trading, marking a significant rise in its stock price.Raymond James Financial has reaffirmed its "outperform" rating on World Kinect, although it has slightly lowered its target price from $35.00 to $33.00. This adjustment reflects the firm's continued confidence in the company's performance while acknowledging some market adjustments.
World Kinect's positive outlook is further supported by its recent earnings results, which have been well-received by analysts. The company's financial performance has shown resilience and growth potential, contributing to the bullish sentiment among investors.
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