FedEx Corp. Reports Higher Second Quarter Operating Income

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FedEx (FDX) PT Raised to $288 at Stifel

December 17, 2021 6:38 AM EST

Stifel analyst J. Bruce Chan raised the price target on FedEx (NYSE: FDX) to $288.00 (from $283.00) while maintaining a Buy rating following earnings.

The analyst commented, "In our last report (Over the Hump Now, Time to Buy - Favorable Setup Does Not Warrant... More

FedEx (FDX) PT Raised to $343 at Goldman Sachs

December 17, 2021 6:35 AM EST

Goldman Sachs analyst Jordan Alliger raised the price target on FedEx (NYSE: FDX) to $343.00 (from $338.00) while maintaining a Conviction Buy rating following strong results.

The analyst commented, "FDX generated operating EPS of $4.83 per share, or well ahead of GS/Factset consensus of $4.15/$4.28. While Ground... More

FedEx (FDX) Stock Jumps 7% Following Q2 'Beat and Raise'

December 16, 2021 4:33 PM EST

FedEx (NYSE: FDX) shares were trading more than 7% higher after-hours following the companys reported Q2 results, with EPS coming in at $4.83, beating the consensus estimate of $4.27. Quarterly revenue rose 14% to $23.5 billion, above the consensus estimate of $22.44 billion. Operating income rose 9% to $1.6... More

FedEx (FDX) Announces New $5B Stock Buyback

December 16, 2021 4:05 PM EST

With earnings, FedEx (NYSE: FDX) announced that its Board of Directors has authorized a new $5 billion share repurchase program. The new program is in addition to the share repurchase program announced in 2016 authorizing the repurchase of up to 25 million shares, of which 2.3 million shares... More