Check Out What Whales Are Doing With FDX
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on FedEx (NYSE:FDX), with 61% of detected trades having bearish expectations. Whales have been targeting a price range of $170 to $250 for FedEx over the last 3 months. Deutsche Bank maintains a Buy rating on FedEx with a price target of $282.
May 23, 2023 | 6:16 pm
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Whale investor takes a bearish stance on FedEx, with 61% of detected trades being bearish. Deutsche Bank maintains a Buy rating with a price target of $282.
The bearish stance taken by a whale investor, with 61% of detected trades being bearish, indicates a potential short-term negative impact on FedEx's stock price. However, Deutsche Bank's maintained Buy rating and $282 price target provide a counterbalance, suggesting that the stock may still have long-term potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100