Stifel Maintains Buy on FedEx, Lowers Price Target to $321
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan maintains a Buy rating on FedEx but lowers the price target from $327 to $321.

September 20, 2024 | 2:20 pm
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Stifel analyst J. Bruce Chan maintains a Buy rating on FedEx but lowers the price target from $327 to $321.
The analyst's decision to maintain a Buy rating suggests confidence in FedEx's long-term prospects, but the lowered price target indicates some short-term challenges or adjustments in expectations. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100