Evercore ISI Group Maintains Outperform on FedEx, Lowers Price Target to $318
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on FedEx but lowered its price target from $335 to $318.
September 20, 2024 | 1:03 pm
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NEUTRAL IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on FedEx but lowered its price target from $335 to $318, indicating a slightly less optimistic outlook.
The 'Outperform' rating suggests continued confidence in FedEx's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100