FedEx stock price target maintained at $330 by Raymond James
Raymond James has maintained its Outperform rating and $330.00 price target on FedEx stock (NYSE:FDX), which is currently priced at $331.41. Analyst Patrick Tyler Brown based this assessment on FedEx's impressive 81% return over the past year and the company's strategic focus on upgrading its domestic portfolio and shifting toward high-value B2B verticals such as healthcare, aerospace, and data centers.
The firm also highlighted FedEx's shift in sales incentive structure to pursue B2B traffic and the introduction of value-add services like FedEx SenseAware and FedEx Surround. With a market capitalization of $78.4 billion, the stock is currently trading slightly above its Fair Value, and the company maintains a GOOD financial health score.
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