FedEx raises full-year earnings forecast after cost cuts, shares soar
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FedEx (FDX) PT Raised to $242 at Stifel
March 17, 2023 1:23 PM EDTStifel analyst J. Bruce Chan raised the price target on FedEx (NYSE: FDX) to $242.00 (from $222.00) while maintaining a Buy rating.
The analyst commented, "As we previewed earlier this week, a soft operating environment in F3Q23 led to top line pressure at... More
