Corpay's stock surged 6.13% during the intraday session on Friday, marking a significant upward movement.

The sharp rise appears to be driven by positive analyst actions. JP Morgan raised its price target on Corpay to $400 from $390, while Oppenheimer increased its target to $388 from $378.

These upward revisions from major financial institutions reflect growing optimism about the company's prospects and likely contributed to the bullish trading activity.