FedEx (FDX – Research Report) received a Hold rating and a $275.00 price target from Berenberg Bank analyst William Fitzalan Howard yesterday. The company's shares closed last Friday at $223.61. According to TipRanks.com, Howard is a 4-star analyst with an average return of 4.4% and a 53.5% success rate. Howard covers the Industrial Goods sector, focusing on stocks such as Flughafen Zurich AG, United Parcel, and Royal Mail. Currently, the analyst consensus on FedEx is a Strong Buy with an average price target of $296.79, representing a 33.3% upside. In a report issued on June 24, BMO Capital also maintained a Hold rating on the stock with a $270.
https://www.tipranks.com/news/blurbs/fedex-fdx-was-downgraded-to-a-hold-rating-at-berenberg-bank?utm_source=advfn.com&utm_medium=referral
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