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FedEx Corp has a consensus price target of $306.25 based on the ratings of 29 analysts. The high is $350 issued by JP Morgan on September 20, 2024. The low is $200 issued by Morgan Stanley on September 20, 2024. The 3 most-recent analyst ratings were released by Citigroup, Loop Capital, and BMO Capital on October 9, 2024, September 23, 2024, and September 20, 2024, respectively. With an average price target of $296.33 between Citigroup, Loop Capital, and BMO Capital, there's an implied 8.21% upside for FedEx Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for FedEx (NYSE:FDX) was reported by Citigroup on October 9, 2024. The analyst firm set a price target for $301.00 expecting FDX to rise to within 12 months (a possible 9.91% upside). 58 analyst firms have reported ratings in the last year.
The latest analyst rating for FedEx (NYSE:FDX) was provided by Citigroup, and FedEx initiated their buy rating.
The last upgrade for FedEx Corp happened on June 26, 2024 when JP Morgan raised their price target to $359. JP Morgan previously had a neutral for FedEx Corp.
The last downgrade for FedEx Corp happened on September 20, 2024 when HSBC changed their price target from N/A to $300 for FedEx Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of FedEx, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for FedEx was filed on October 9, 2024 so you should expect the next rating to be made available sometime around October 9, 2025.
While ratings are subjective and will change, the latest FedEx (FDX) rating was a initiated with a price target of $0.00 to $301.00. The current price FedEx (FDX) is trading at is $273.85, which is within the analyst’s predicted range.
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