Morgan Stanley Maintains Equal-Weight on FedEx, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on FedEx (NYSE:FDX) and raised the price target from $186 to $200.
September 08, 2023 | 2:08 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on FedEx and raised the price target from $186 to $200, which could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for FedEx. This could lead to increased investor confidence and potentially an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100