Citigroup Reiterates Buy on FedEx, Maintains $285 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Christian Wetherbee reiterated a Buy rating on FedEx (NYSE:FDX) and maintained a $285 price target.
June 22, 2023 | 1:52 pm
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Citigroup analyst Christian Wetherbee reiterated a Buy rating on FedEx and maintained a $285 price target.
The reiteration of the Buy rating and maintenance of the $285 price target by Citigroup analyst Christian Wetherbee indicates a positive outlook for FedEx's stock price in the short term. This news is important for investors as it reaffirms the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100