JP Morgan Upgrades FedEx to Overweight, Raises Price Target to $359
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has upgraded FedEx (NYSE:FDX) from Neutral to Overweight and raised the price target from $296 to $359.
June 26, 2024 | 1:56 pm
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JP Morgan analyst Brian Ossenbeck has upgraded FedEx from Neutral to Overweight and raised the price target from $296 to $359.
The upgrade from Neutral to Overweight and the significant increase in the price target from $296 to $359 by a reputable analyst at JP Morgan is likely to positively impact FedEx's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100