Morgan Stanley Maintains Equal-Weight on FedEx, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker maintains an Equal-Weight rating on FedEx (NYSE:FDX) and raises the price target from $210 to $215.
June 26, 2024 | 11:48 am
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Morgan Stanley analyst Ravi Shanker maintains an Equal-Weight rating on FedEx and raises the price target from $210 to $215.
The raised price target from $210 to $215 by Morgan Stanley suggests a positive outlook for FedEx, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
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