Truist raised the firm’s price target on FedEx (FDX) to $330 from $285 and keeps a Buy rating on the shares. The firm remains constructive on FedEx as the quarter reinforces improving earnings quality driven by discipline, B2B mix, and structural cost actions, the analyst tells investors in a research note. While FY26 absorbs several temporary headwinds, these appear well-defined and largely non-recurring, setting up a cleaner earnings profile into FY27, the firm added.
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