FedEx stock (NYSE: FDX) is expected to see higher levels after it announced the spin-off of its freight business. While this move was awaited, it bodes well for the stock, unlocking shareholder value.
FedEx Corp.'s stock was up 4.3% as the second-highest gainer in the S&P 500 after Eli Lilly & Co., which was ahead by 6.4%. FedEx drew praise from Wall Street analysts for its plan to separate its ...
Loop Capital upgraded shares of FedEx from a “hold” rating to a “buy” rating and raised their target price for the stock from $288.00 to $365.00 in a report on Friday. Finally, Bernstein ...