Stifel Maintains Buy on FedEx, Raises Price Target to $305
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan has reaffirmed a Buy rating on FedEx (NYSE:FDX) and increased the price target from $282 to $305, indicating a positive outlook on the company's stock.
January 10, 2024 | 3:36 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Stifel analyst J. Bruce Chan has maintained a Buy rating on FedEx and raised the price target to $305, suggesting confidence in the company's future performance.
The increase in price target by Stifel reflects a positive assessment of FedEx's stock, likely due to strong fundamentals or expected performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100