TD Cowen Maintains Outperform on FedEx, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Helane Becker maintains an Outperform rating on FedEx (NYSE:FDX) and raises the price target from $293 to $320.
March 22, 2024 | 4:25 pm
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POSITIVE IMPACT
TD Cowen has maintained an Outperform rating on FedEx and increased the price target from $293 to $320.
The increase in price target by TD Cowen reflects a positive outlook on FedEx's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100