Wells Fargo Initiates Coverage On FedEx with Equal-Weight Rating, Announces Price Target of $275
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on FedEx with an Equal-Weight rating and set a price target of $275.
June 07, 2024 | 2:39 pm
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Wells Fargo has initiated coverage on FedEx with an Equal-Weight rating and set a price target of $275.
The Equal-Weight rating suggests a neutral stance, indicating that the stock is expected to perform in line with the market. The price target of $275 provides a specific valuation benchmark for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100