Wednesday's analyst calls: Stifel gets bullish on Tesla, FedEx seen rallying 40%

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Wednesday's analyst calls: Stifel gets bullish on Tesla, FedEx seen rallying 40%
Stock MarketsPENN Entertainment IncWalt Disney Co
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Electric vehicle maker Tesla and sprawling food giant Campbell's Soup were getting analyst attention Wednesday, as was Federal Express following big news from the shipping giant. Stifel opened coverage on Tesla with a buy rating and an ambitious price target as it sees multiple growth opportunities for the company.

" "This strategic announcement adds an idiosyncratic angle that is hard to ignore and should support the stock for the next six months while the review is underway," he added. Heading into earnings, FedEx shares underperformed the market with a rise of just over 1% in 2024. — Alex Harring 5:42 a.m. JPMorgan moves to overweight on Campbell Soup for the first time since 2009 JPMorgan turned bullish on Campbell Soup on Wednesday for the first time in about a decade and a half.

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