Barclays Maintains Overweight on FedEx, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandon Oglenski has maintained an Overweight rating on FedEx (NYSE:FDX) and increased the price target from $310 to $350, indicating a positive outlook on the company's stock.
March 22, 2024 | 10:55 am
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Barclays analyst Brandon Oglenski has maintained an Overweight rating on FedEx and raised the price target from $310 to $350.
The increase in price target by a reputable analyst suggests a strong confidence in FedEx's future performance. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100