FedEx stock gets fresh Argus ‘Strong Buy’ as analysts spar over freight spin-off
Argus upgraded FedEx to “strong-buy” and raised its price target to $350, sending shares up 1.2% to $310.72 in New York on Thursday. Wolfe Research also lifted its target to $355 after reviewing the FedEx Freight spin-off filing, while Rothschild Redburn downgraded the stock to neutral. FedEx plans to spin off its freight unit by June 2026. Analyst price targets now range from $210 to $360.