Loop Capital Maintains Hold on FedEx, Raises Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Rick Paterson maintains a 'Hold' rating on FedEx (NYSE:FDX) and raises the price target from $255 to $275.
September 22, 2023 | 3:58 pm
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NEUTRAL IMPACT
Loop Capital maintains a 'Hold' rating on FedEx and raises the price target from $255 to $275. This could potentially influence investor sentiment and the stock's price.
The raised price target indicates that the analyst sees potential for the stock's price to increase. However, the 'Hold' rating suggests that they do not recommend buying or selling the stock at this time. This could influence investor sentiment and potentially impact the stock's price, but the direction of the impact is uncertain.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100