FDX
FEDEX CORP
FEDEX CORP (FDX) Stock News
The latest FDX headlines and market coverage — 1 recent story, updated throughout the day.
- Zacks Investment Research·Neutral
Is It Worth Investing in FedEx (FDX) Based on Wall Street's Bullish Views?
While Wall Street analysts maintain a bullish average brokerage recommendation (ABR) of 1.71 for FedEx with 62.1% Strong Buy ratings, the article cautions that brokerage recommendations often have a positive bias due to institutional vested interests. The Zacks Rank system, which relies on earnings estimate revisions, rates FedEx as a Hold (Rank #3), suggesting investors should be cautious despite the bullish Wall Street consensus. FedEx's consensus earnings estimate has remained unchanged at $17.6 for the current year.