TD Cowen raised the firm’s price target on FedEx (FDX) to $271 from $269 and keeps a Buy rating on the shares. The firm said the company beat expectations in fiscal 1Q despite trade policy headwinds and a Freight miss. Management introduced fiscal 2026 guidance that came in below our previous estimates despite top line growth expectations of roughly 5% at the midpoint.
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Read More on FDX:
- FedEx price target lowered to $255 from $260 at BMO Capital
- FedEx price target raised to $300 from $285 at Susquehanna
- FedEx price target lowered to $296 from $308 at Stifel
- FedEx’s Strategic Adaptations and Strong Performance Justify Buy Rating
- FedEx price target lowered to $284 from $285 at JPMorgan