Wells Fargo Maintains Equal-Weight on FedEx, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Allison Poliniak maintains an Equal-Weight rating on FedEx (NYSE:FDX) and raises the price target from $270 to $280.
September 21, 2023 | 12:24 pm
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Wells Fargo maintains an Equal-Weight rating on FedEx and raises the price target from $270 to $280.
The raised price target by Wells Fargo indicates a positive outlook for FedEx. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100