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FDX / FedEx price target raised as ramp-up in cost savings drives strong 1Q results

FedEx price target raised as ramp-up in cost savings drives strong 1Q results
Analysts at Bank of America (BoA) have raised their price target for FedEx (NYSE:FDX) after the transportation company delivered a first quarter fiscal 2024 earnings beat. They upped their price target on the ‘Buy'-rated stock from US$309 to US$311 based on their improved 2024 and 2025 fiscal year earnings per share estimates of $18.80 and $23.25 respectively. Read More
Posted: Sep 21 2023, 10:37
Author Name: Proactive Investors
Views: 112289

FDX News  

FedEx (FDX) Increases Yet Falls Behind Market: What Investors Need to Know

By Zacks Investment Research
November 3, 2023

FedEx (FDX) Increases Yet Falls Behind Market: What Investors Need to Know

FedEx (FDX) closed the most recent trading day at $247.25, moving +1.65% from the previous trading session. more_horizontal

5 Top Dividend Growth Stocks to Buy Amid Market Volatility

By Zacks Investment Research
October 31, 2023

5 Top Dividend Growth Stocks to Buy Amid Market Volatility

Griffon (GFF), PACCAR (PCAR), Microsoft (MSFT), FedEx (FDX) and The TJX Companies (TJX) could be solid choices for your portfolio. more_horizontal

FedEx pilots union picks interim leader after rejecting tentative deal

By Reuters
October 30, 2023

FedEx pilots union picks interim leader after rejecting tentative deal

The FedEx Master Executive Council, the governing body of the delivery firm's unit in the Air Line Pilots Association (ALPA), said on Monday it had el more_horizontal

FedEx (FDX) Ascends While Market Falls: Some Facts to Note

By Zacks Investment Research
October 27, 2023

FedEx (FDX) Ascends While Market Falls: Some Facts to Note

In the latest trading session, FedEx (FDX) closed at $228.84, marking a +0.4% move from the previous day. more_horizontal

Here is What to Know Beyond Why FedEx Corporation (FDX) is a Trending Stock

By Zacks Investment Research
October 26, 2023

Here is What to Know Beyond Why FedEx Corporation (FDX) is a Trending Stock

Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. more_horizontal

FedEx vs. UPS: What's the Better Buy?

By Zacks Investment Research
October 20, 2023

FedEx vs. UPS: What's the Better Buy?

Earnings season has taken center stage this week, with a wide variety of companies delivering quarterly results. So far, the period has been positive, more_horizontal

Why Is FedEx (FDX) Down 7.1% Since Last Earnings Report?

By Zacks Investment Research
October 20, 2023

Why Is FedEx (FDX) Down 7.1% Since Last Earnings Report?

FedEx (FDX) reported earnings 30 days ago. What's next for the stock? more_horizontal

Why FedEx (FDX) is a Top Value Stock for the Long-Term

By Zacks Investment Research
October 19, 2023

Why FedEx (FDX) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. more_horizontal


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