FedEx: Why Did The Stock Price Soar?
FedEx(FDX) Seeking Alpha·2024-06-27 01:19
viper-zero/iStock Editorial via Getty ImagesFedEx (NYSE:FDX) reported fourth quarter earnings on the 25th of June, beating analyst expectations on the top and bottom line. In December 2023, I assigned a buy rating to FedEx stock, and while that rating has not resulted in market outperforming returns, the performance figures are slightly disfigured. In this report, I will be discussing the following: FedEx stock price development. Q4 2024 earnings The financial guidance for FY2025 My price target and ra ...