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Evercore ISI Raises FedEx (NYSE:FDX) Price Target to $364.00
Evercore ISI has increased its price target for FedEx (NYSE:FDX) to $364.00, suggesting a minor potential downside from the current share price but aligning with a consensus “Moderate Buy” rating. This adjustment follows FedEx’s strong quarterly performance, where it surpassed EPS and revenue estimates, and provided optimistic FY2026 guidance. Institutional investors, including Norges Bank and Vanguard, have significantly boosted their holdings in the company.