Raymond James Maintains Outperform on FedEx, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown maintains an Outperform rating on FedEx (NYSE:FDX) but lowers the price target from $325 to $300.
June 24, 2024 | 2:17 pm
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NEUTRAL IMPACT
Raymond James analyst Patrick Tyler Brown maintains an Outperform rating on FedEx but lowers the price target from $325 to $300.
The Outperform rating suggests continued confidence in FedEx's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100