JP Morgan Maintains Underweight on Expeditors Intl, Lowers Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained an Underweight rating on Expeditors International (EXPD) and reduced the price target from $111 to $108.
January 09, 2024 | 2:39 pm
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NEGATIVE IMPACT
JP Morgan analyst maintains an Underweight rating on Expeditors Intl and lowers the price target to $108.
The reduction in price target by a major financial institution like JP Morgan suggests a bearish outlook on the stock, which could lead to a negative short term impact on EXPD's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100