Evercore ISI Group Maintains Outperform on FedEx, Raises Price Target to $351
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Jonathan Chappell has maintained an Outperform rating on FedEx (NYSE:FDX) and increased the price target from $327 to $351.

March 22, 2024 | 3:54 pm
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Evercore ISI Group has maintained an Outperform rating on FedEx and raised the price target from $327 to $351.
The maintenance of an Outperform rating combined with an increase in the price target from $327 to $351 by a reputable analyst firm like Evercore ISI Group suggests a strong bullish sentiment towards FedEx. This is likely to instill confidence among investors, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100