JP Morgan Maintains Neutral on FedEx, Raises Price Target to $251
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on FedEx (NYSE:FDX) and raises the price target from $228 to $251.

June 21, 2023 | 1:22 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on FedEx and raises the price target from $228 to $251.
The news of JP Morgan maintaining a Neutral rating on FedEx and raising the price target from $228 to $251 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance compared to the market. This may have a limited impact on the stock price in the short term, hence the score of 0.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100