JP Morgan Maintains Neutral on FedEx, Lowers Price Target to $296
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on FedEx (NYSE:FDX) but lowers the price target from $301 to $296.

May 24, 2024 | 2:34 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on FedEx (NYSE:FDX) but lowers the price target from $301 to $296.
The Neutral rating suggests that the analyst does not expect significant short-term movement in the stock price. However, the lowered price target indicates a slightly less optimistic outlook, which could lead to minor negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100