JPMorgan and
Morgan Stanley remain bearish and have reduced
FedEx Corporation (FDX)'s price target due to demand concern and tariff concerns respectively.
UBS and
Barclays also lowered FDX's price target while maintaining their buy rating. Despite these downward revisions, various analysts, including
Jim Cramer, view FedEx as a strong investment opportunity, with Cramer noting the company's CEO is on a mission and its potential in robotic operations.
FedEx Freight is being separated to form two leading public companies, with Lance Moll announced as its leader. However, continuous underwhelming segment results and disappointing earnings have raised concerns among investors. Meanwhile, the company's focus on
innovation is reflected in its acquisition of
RouteSmart Technologies and launch of new services such as FedEx Easy Returns. It's also ranked highly on Fortune's most admired companies list and Ethisphere's most ethical companies list. Despite some dips, the freight business is deemed by some analysts as one of the best stocks to buy.
Fedex Corporation FDX News Analytics from Wed, 18 Sep 2024 07:00:00 GMT to Fri, 06 Jun 2025 13:31:06 GMT -
Rating -4
- Innovation 7
- Information 6
- Rumor -4
