FedEx price target raised to $326 from $315 at Jefferies

Jefferies analyst Stephanie Moore raised the firm’s price target on FedEx (FDX) to $326 from $315 and keeps a Buy rating on the shares after being “positively surprised” by the strength of the company’s fiscal Q2 beat. With that said, the firm thinks investors “will be picky about” the FY26 raise being less than the Q2 beat, though it adds that the Q2 report “serves as a proof-point of what to expect in FY27 and beyond.”