UBS Maintains Buy on FedEx, Lowers Price Target to $333
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz maintains a Buy rating on FedEx (NYSE:FDX) but lowers the price target from $340 to $333.
May 21, 2024 | 3:51 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
UBS analyst Thomas Wadewitz maintains a Buy rating on FedEx but lowers the price target from $340 to $333.
The Buy rating suggests continued confidence in FedEx's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100