Reported about 8 hours ago
As FedEx prepares to announce its fiscal third-quarter earnings, analysts express a generally positive outlook, with 12 out of 15 recommending it as a 'buy'. They project a 20% increase in adjusted earnings per share to $4.64 and a slight revenue rise to $21.97 billion, despite recent challenges in demand. The average price target for FedEx stock is set at $318.60, indicating a potential growth of over 31% from its current price.
Source: YAHOO