This Is What Whales Are Betting On FedEx
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on FedEx (NYSE:FDX), with 75% of the investors opening trades with bullish expectations. The whales have been targeting a price range from $230.0 to $300.0 for FedEx over the last 3 months. The price of FDX is up 1.34% at $266.23. Analysts from Jefferies, Morgan Stanley, Citigroup, Barclays, and B of A Securities have maintained their ratings on FedEx.
September 28, 2023 | 8:03 pm
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A significant investor has taken a bullish stance on FedEx. The price of FDX is up 1.34% at $266.23. Analysts from Jefferies, Morgan Stanley, Citigroup, Barclays, and B of A Securities have maintained their ratings on FedEx.
The bullish stance by a significant investor and the maintained ratings by major analysts indicate a positive sentiment towards FedEx. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100