TD Cowen reiterated coverage on FedEx with a new price target
$FDX
Air Freight/Delivery Services
Consumer Discretionary
TD Cowen reiterated coverage of FedEx with a rating of Buy and set a new price target of $310.00 from $337.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/24/2025 | $300.00 → $275.00 | Hold → Buy | Jefferies |
| 3/21/2025 | $221.00 | Hold → Sell | Loop Capital |
| 3/21/2025 | $337.00 → $310.00 | Buy | TD Cowen |
| 3/18/2025 | $347.00 → $317.00 | Buy | Citigroup |
| 3/13/2025 | $305.00 | Buy | Truist |
| 3/7/2025 | $337.00 | Buy | Deutsche Bank |
| 2/3/2025 | $365.00 → $283.00 | Buy → Hold | Loop Capital |
| 12/20/2024 | $328.00 → $337.00 | Buy | TD Cowen |
Achieved $2.2 Billion Fiscal 2025 DRIVE Structural Cost Reduction Target Returned $4.3 Billion to Stockholders Through Stock Repurchases and Dividends During Fiscal 2025 Targeting $1 Billion of Transformation Program Cost Savings During Fiscal 2026 Remembering FedEx Founder Frederick W. Smith The Company acknowledges, with deep sadness, the recent passing of its founder, executive chairman, and long-time CEO. "Fred pioneered express delivery and connected the world, shaping global commerce as we know it. His legacy of innovation, leadership, and philanthropy will continue to inspire future generations. I will miss not only his visionary leadership, but his trusted friendship and counsel
The Board of Directors of FedEx Corp. (NYSE:FDX) today approved an increase in the annual dividend rate on FedEx Corp. common stock of 5%, or $0.28 per share, to $5.80 per share for fiscal 2026 in line with the company's continued focus on delivering stockholder value. The Board today also declared a quarterly cash dividend of $1.45 per share on FedEx Corp. common stock. The dividend is payable July 8, 2025 to stockholders of record at the close of business on June 23, 2025. "Increasing our annual dividend for the fifth consecutive year signals FedEx's continued commitment to creating value for our stockholders," said John W. Dietrich, executive vice president and chief financial officer
FedEx becomes first global integrator to achieve CEIV Pharma certification for ground handling across its air hubs and ramps. FedEx Corp. (NYSE:FDX) today announced that at the 34th CNS Partnership Conference, the International Air Transport Association (IATA) recognized the FedEx Global Healthcare Quality Program with the CEIV Pharma Corporate Certification — a significant milestone in the company's commitment to quality, compliance, and leadership in pharmaceutical logistics. This corporate-level certificate for the company's hubs and ramps validates the strength of FedEx's quality management system and its ability to deliver end-to-end logistic services in compliance with the increasing