Baird Maintains Outperform on FedEx, Lowers Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Garrett Holland maintains an Outperform rating on FedEx but lowers the price target from $340 to $320.
September 20, 2024 | 11:07 am
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Baird analyst Garrett Holland maintains an Outperform rating on FedEx, indicating confidence in the company's performance, but lowers the price target from $340 to $320, suggesting a more conservative outlook.
The Outperform rating suggests continued confidence in FedEx's performance, but the lowered price target indicates a more cautious outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100