FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.
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Why FedEx stock is falling despite earnings surprise and price target hikes
The company remains in cost-cutting mode. On Thursday, FedEx said that its operating results improved in the second quarter, "reflecting strength in U.S. domestic and International Priority package ...
FexEx announced price increases that will begin ahead of the holidays. Starting Nov. 1, the shipping company will add a fuel surcharge to FedEx Express, FedEx Ground and FedEx Freight shipments.
A lot is going on at FedEx, so the stakes were high for its second-quarter results, reported Thursday evening. Investors were looking for solid results amid trade uncertainty and weak shipping markets ...
FedEx beat analyst estimates in Q4 2024 on the top and bottom lines. Stock price reached $293 target, showing market outperformance. FedEx guided for a bullish FY25 with a strong outlook and DRIVE ...
BMO Capital raised the firm’s price target on FedEx (FDX) to $330 from $300 and keeps a Market Perform rating on the shares after its Q2 results. The company’s guidance was lowered, reflecting ongoing ...
In the quarter ended August 31, FedEx's revenue decreased 0.5% year-over-year to $21.6 billion and its earnings per share (EPS) plunged 20.9% from the year-ago period to $3.60. In a statement, FedEx ...
UBS raised the firm’s price target on FedEx (FDX) to $350 from $311 and keeps a Buy rating on the shares. FedEx’s plan to separate the package and LTL businesses provides support for the stock in the ...
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $310.0 for FedEx over the last 3 months.
The express package delivery company, FedEx Corp (NYSE:FDX), disclosed increasing shipping rates and customs clearance service fees on imports, effective January 1, 2024. The company is increasing ...
Shipping company UPS recently announced that it will raise its rates by an average of 5.9% starting in late December. Earlier this year, FedEx said it will raise rates by the same amount. In both ...
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