UBS Maintains Buy on FedEx, Raises Price Target to $323
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz maintains a Buy rating on FedEx (NYSE:FDX) and raises the price target from $312 to $323.
September 21, 2023 | 4:40 pm
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POSITIVE IMPACT
UBS analyst Thomas Wadewitz maintains a Buy rating on FedEx and raises the price target from $312 to $323.
The news of UBS maintaining a Buy rating on FedEx and raising the price target is likely to have a positive impact on the stock. This is because it signals the analyst's confidence in the company's performance and growth potential. Investors often follow analyst recommendations, which can drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100