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Poliniak-Cusic assigned the stock a $240 price target. Shares of the Memphis-based transportation company rose about 2% in morning trading on Thursday, moving to within about $5 of that target price.
Notably, FedEx’s stock price has increased over this period with the price closing at $197.39 per share Monday. It was trading at $169.99 on Dec. 21. Here are the two storylines to watch for in ...
FedEx is streamlining operations and having its companies collaborate more on deliveries — an effort by the Memphis delivery giant to limber up amid COVID-19 and rapid changes in global trade.
Fadi Chamoun, an analyst from BMO Capital, maintained the Hold rating on FedEx (FDX – Research Report). The associated price target remains the same with $325.00. Fadi Chamoun has given his Hold ...
Under the new reporting structure, both the Federal Express and FedEx Freight segments saw slight revenue declines in 2024, with the former declining 1.6 percent to $74.7 billion and the latter ...