Stifel Maintains Buy on FedEx, Lowers Price Target to $259
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst J. Bruce Chan maintains a Buy rating on FedEx (NYSE:FDX) but lowers the price target from $264 to $259.
June 21, 2023 | 1:30 pm
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NEUTRAL IMPACT
Stifel analyst J. Bruce Chan maintains a Buy rating on FedEx but lowers the price target from $264 to $259.
The news of Stifel maintaining a Buy rating on FedEx is positive for the stock, but the lowering of the price target from $264 to $259 may create some uncertainty among investors. This mixed sentiment could result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100