Jefferies Maintains Hold on FedEx, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Stephanie Moore maintains a Hold rating on FedEx (NYSE:FDX) and raises the price target from $245 to $265.
September 21, 2023 | 4:21 pm
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NEUTRAL IMPACT
Jefferies analyst maintains a Hold rating on FedEx and raises the price target from $245 to $265.
The news is directly about FedEx. The Hold rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target indicates a positive outlook, but as it's not a Buy rating, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100