BofA analyst Ken Hoexter raised the firm’s price target on FedEx (FDX) to $285 from $270 and keeps a Neutral rating on the shares. After having hosted a small sell-side group meeting with FedEx’s new Executive Chairman, CEO, and CFO, the firm says it is “encouraged” by the company’s ability to improve margins despite volume softness and increased its Q2, FY26 and FY27 EPS estimates 4%, 2% and 1%, respectively.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FDX:
- Cautious Outlook on FedEx: Sell Rating Amid Uncertain Macroeconomic and Competitive Challenges
- FedEx price target raised to $310 from $279 at Citi
- FedEx’s Promising Outlook: Buy Rating Affirmed Amid Strategic Moves and Positive EPS Growth
- FedEx Hold Rating: Balancing Strategic Initiatives and Growth Uncertainties
- 3 Best Dividend Aristocrat Stocks to Buy Now, 11/12/2025