FedEx (FDX) Receives a Buy from Goldman Sachs
In a report released today, Jordan Alliger from Goldman Sachs maintained a Buy rating on FedEx, with a price target of $375.00.
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Alliger covers the Industrials sector, focusing on stocks such as FedEx, Knight Transportation, and JB Hunt. According to TipRanks, Alliger has an average return of 10.3% and a 56.33% success rate on recommended stocks.
In a report released on May 27, J.P. Morgan also upgraded the stock to a Buy with a $460.00 price target.
Based on FedEx’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $24 billion and a net profit of $1.06 billion. In comparison, last year the company earned a revenue of $22.16 billion and had a net profit of $909 million
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FDX in relation to earlier this year. Most recently, in April 2026, Susan Schwab, a Director at FDX sold 5,795.00 shares for a total of $2,138,355.00.
Read More on FDX:
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