Argus Research Maintains Buy on FedEx, Raises Price Target to $260
Portfolio Pulse from richadhand@benzinga.com
Argus Research analyst John Eade maintains a Buy rating on FedEx (NYSE:FDX) and raises the price target from $240 to $260.
June 26, 2023 | 3:43 pm
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Argus Research maintains a Buy rating on FedEx and raises the price target from $240 to $260.
The raised price target by Argus Research indicates a positive outlook for FedEx's stock price in the short term. The Buy rating suggests that the analyst believes the stock will outperform the market, which could lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100