11 Analysts Have This to Say About FedEx
Portfolio Pulse from Benzinga Insights
In the last quarter, FedEx (NYSE:FDX) received 3 bullish, 5 somewhat bullish, and 3 indifferent ratings from 11 analysts. The average 12-month price target for the company is $257.82, with a high of $290.00 and a low of $186.00. The average price target has increased by 6.54% over the past month.
September 08, 2023 | 6:00 pm
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POSITIVE IMPACT
FedEx received mostly bullish ratings from analysts, indicating a positive outlook for the company. The increasing price target suggests potential growth in the stock's value.
Analyst ratings are a significant indicator of a stock's potential performance. The majority of analysts gave FedEx a bullish or somewhat bullish rating, indicating a positive outlook. The increase in the average price target over the past month also suggests that analysts expect the stock's value to grow, which could positively impact the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100