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Analysts Offer Insights on Industrial Goods Companies: FedEx (FDX) and Delta Air Lines (DAL)

Tipranks - Tipranks - Fri Apr 10, 4:36AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on FedEx (FDX) and Delta Air Lines (DAL) with bullish sentiments.

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FedEx (FDX)

In a report released today, Ken Hoexter from Bank of America Securities maintained a Buy rating on FedEx, with a price target of $440.00. The company’s shares closed last Wednesday at $373.43.

According to TipRanks.com, Hoexter is a 3-star analyst with an average return of 0.6% and a 48.4% success rate. Hoexter covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Canadian Pacific Kansas City, and Canadian National Railway. ;'>

Currently, the analyst consensus on FedEx is a Moderate Buy with an average price target of $405.04, which is an 11.3% upside from current levels. In a report issued on April 2, Argus Research also maintained a Buy rating on the stock with a $400.00 price target.

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Delta Air Lines (DAL)

In a report released yesterday, Andrew Didora from Bank of America Securities maintained a Buy rating on Delta Air Lines, with a price target of $78.00. The company’s shares closed last Wednesday at $68.08, close to its 52-week high of $69.98.

According to TipRanks.com, Didora is a 1-star analyst with an average return of -0.5% and a 51.9% success rate. Didora covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, United Airlines Holdings, and Frontier Group Holdings. ;'>

Currently, the analyst consensus on Delta Air Lines is a Strong Buy with an average price target of $80.13, implying a 9.8% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $73.00 price target.

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