FedEx (FDX) Tops Q4 EPS by 7c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/21/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- Tesla acquires AI hardware company for up to $2 billion in stock
- Bel Fuse acquires dataMate ethernet business for $16 million
- Fed: Nine Of 18 FOMC Participants Pencil In 2026 Rate Hike
FedEx (FDX) PT Raised to $335 at Argus
June 27, 2024 7:17 AM EDTArgus analyst John Eade raised the price target on FedEx (NYSE: FDX) to $335.00 (from $325.00) while maintaining a Buy rating.
The analyst comments "Our rating on FedEx Corp. (NYSE: FDX) is BUY. This large-cap blue-chip industrial... More
FedEx (FDX) PT Raised to $335 at TD Cowen
June 26, 2024 6:03 AM EDTTD Cowen analyst Helane Becker raised the price target on FedEx (NYSE: FDX) to $335.00 (from $320.00) while maintaining a Buy rating.
The analyst comments "FDX reported May quarter adj EPS of $5.41, below our estimate of $5.48 but beating consensus by 1.2%. The company guided FY25... More
JPMorgan Upgrades FedEx (FDX) to Overweight 'on Strategic Options in Freight'
June 26, 2024 5:28 AM EDTJPMorgan analyst Brian Ossenbeck upgraded FedEx (NYSE: FDX) from Neutral to Overweight with a price target of $359.00 (from $296.00).
The analyst comments "We are upgrading shares of FedEx to Overweight and establishing a Dec 2025 price target of $359 after the company took the surprising step of pursuing strategic options for the Freight segment, which is currently embedded in FDX trading at 6.7x versus pure-play peers at 13.3x on NTM EV/EBITDA. Capitalizing on this valuation disconnect through a potential spin-off would be a positive for the rest of the LTL... More
Jefferies Reiterates Hold Rating on FedEx (FDX)
June 26, 2024 5:25 AM EDTJefferies analyst Stephanie Moore reiterated a Hold rating and $300.00 price target on FedEx (NYSE: FDX).
The analyst comments "FDX reported an in-line F4Q24 while also providing initial FY25 guidance that was also in-line. For the year-ahead the company expected EPS to be between $20 -... More
FedEx (FDX) PT Raised to $339 at Evercore ISI
June 26, 2024 5:06 AM EDTEvercore ISI analyst Jonathan Chappell raised the price target on FedEx (NYSE: FDX) to $339.00 (from $318.00) while maintaining a Outperform rating.
The analyst comments "FDX posted adjusted F4Q24 EPS of $5.41, coming in slightly ahead of our forecast of $5.28 and the average Street estimate of $5.34. The upside came primarily from the Freight (LTL) segment and a slightly higher Ground margin than anticipated, which more than offset another weak performance for overall volumes and Express... More
