Evercore ISI Group Maintains Outperform on FedEx, Lowers Price Target to $318
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Jonathan Chappell maintains an Outperform rating on FedEx (NYSE:FDX) but lowers the price target from $351 to $318.
June 24, 2024 | 2:11 pm
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Evercore ISI Group analyst Jonathan Chappell maintains an Outperform rating on FedEx but lowers the price target from $351 to $318.
The Outperform rating suggests a positive outlook for FedEx, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100