FedEx shares are trading higher after Deutsche Bank maintained a Buy rating on the stock and raised its price target from $240 to $282.
Portfolio Pulse from Benzinga Newsdesk
FedEx shares are trading higher after Deutsche Bank maintained a Buy rating on the stock and raised its price target from $240 to $282.
May 18, 2023 | 2:42 pm
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Deutsche Bank maintained a Buy rating on FedEx and raised its price target from $240 to $282, resulting in higher trading for FedEx shares.
The news directly mentions FedEx (FDX) and its share price increase due to Deutsche Bank's maintained Buy rating and raised price target. This positive analyst rating and higher price target are likely to result in short-term upward movement for FDX shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100