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.
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