A Glimpse Into The Expert Outlook On FedEx Through 16 Analysts
Portfolio Pulse from Benzinga Insights
Analysts have diverse opinions on FedEx (NYSE:FDX), with recent evaluations showing a mix of ratings from bullish to bearish. The average 12-month price target for FDX is $295.06, marking a 5.68% increase from the previous target. Analyst actions include rating changes and price target adjustments, reflecting their views on FedEx's market performance and financial health. FedEx's financial indicators suggest a strong market position, despite a -1.94% decline in revenue growth over the last 3 months.
March 27, 2024 | 3:01 pm
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FedEx has received a mix of analyst ratings, with a new average 12-month price target of $295.06, indicating a positive outlook. Despite a recent revenue decline, strong financial indicators such as net margin, ROE, and ROA suggest robust financial health.
The diverse analyst ratings and the upward revision of the average price target suggest optimism about FedEx's future stock performance. The detailed financial indicators, including a strong net margin, ROE, and ROA, further support the potential for stock appreciation. The slight revenue decline is noted but seems to be offset by the company's overall strong financial health.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100