Raymond James Maintains Outperform on FedEx, Raises Price Target to $279
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown maintains an Outperform rating on FedEx (NYSE:FDX) and raises the price target from $270 to $279.
September 21, 2023 | 11:17 am
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POSITIVE IMPACT
FedEx's price target has been raised from $270 to $279 by Raymond James, maintaining an Outperform rating.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100