FedEx (FDX) July IV bid into quarter results and investor day

Go back to FedEx (FDX) July IV bid into quarter results and investor day

Morgan Stanley Unenthusiastic on FedEx (FDX): 'none of this addresses the real pressures facing the business'

June 14, 2022 11:35 AM EDT

Morgan Stanley analyst Ravi Shanker reiterated an Equalweight rating and $245.00 price target on FedEx (NYSE: FDX).

The analyst comments "W. While the market may welcome todays shareholder friendly actions, in our view none of this addresses the real pressures facing the business. A massive boost to cash return risks capitalizing pandemic gains that we think are highly likely to mean revert in... More

Citi on FedEx (FDX), 'see solid upside beyond today’s move'

June 14, 2022 11:33 AM EDT

Citi analyst Christian Wetherbee reiterated a Buy rating and $270.00 price target on FedEx (NYSE: FDX).

The analyst comments "Ending several months of market discussion, FedEx announced an agreement with DE Shaw which includes the nomination of two new directors, a change in... More

FedEx (FDX) Has New Day Dawning says Stephens

June 14, 2022 10:05 AM EDT

Stephens maintains Overweight on FedEx (NYSE: FDX), PT $285.00.

Analyst Jack Atkins comments "FedEx announced that it has reached a cooperation agreement with activist investor D.E. Shaw which will add three new investors to its Board of Directors, including... More