Atlantic Equities Initiates Coverage On FedEx with Overweight Rating, Announces Price Target of $265
Portfolio Pulse from richadhand@benzinga.com
Atlantic Equities analyst Oliver Holmes initiates coverage on FedEx (NYSE:FDX) with an Overweight rating and announces a price target of $265.
June 06, 2023 | 12:26 pm
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FedEx receives an Overweight rating and a $265 price target from Atlantic Equities analyst Oliver Holmes.
The initiation of coverage by Atlantic Equities with an Overweight rating and a price target of $265 indicates a positive outlook for FedEx's stock. This news is likely to have a positive short-term impact on the stock price as it reflects the analyst's confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100