Raymond James Maintains Outperform on FedEx, Lowers Price Target to $280
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Patrick Tyler Brown maintains an Outperform rating on FedEx (NYSE:FDX) and lowers the price target from $285 to $280.
June 16, 2023 | 11:26 am
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Raymond James maintains an Outperform rating on FedEx and lowers the price target from $285 to $280.
The news of Raymond James maintaining an Outperform rating on FedEx indicates a positive outlook for the company. However, the lowering of the price target from $285 to $280 may create some uncertainty among investors. Overall, the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100