BMO Capital Maintains Market Perform on FedEx, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun has maintained a 'Market Perform' rating on FedEx (NYSE:FDX) and increased the price target from $290 to $310.

March 22, 2024 | 1:18 pm
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POSITIVE IMPACT
FedEx's price target has been raised from $290 to $310 by BMO Capital, maintaining a 'Market Perform' rating.
The increase in price target by BMO Capital suggests a positive outlook on FedEx's stock value in the short term. Maintaining a 'Market Perform' rating indicates a stable performance expectation, but the raised target implies potential upside. This could lead to increased investor confidence and a possible uptick in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100