Morgan Stanley Maintains Equal-Weight on FedEx, Raises Price Target to $205
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 $200 to $205.
September 21, 2023 | 12:55 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on FedEx and raised the price target from $200 to $205.
The raised price target by Morgan Stanley 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