Should You Pick FedEx Stock At $300 After An Upbeat Q4?
FedEx(FDX) Forbes·2024-06-28 00:30
HAMILTON, ONTARIO - MAY 29: A FedEx truck is displayed prior to the RBC Canadian Open at Hamilton ... [+] Golf & Country Club on May 29, 2024 in Hamilton, Ontario. (Photo by Vaughn Ridley/Getty Images)Getty ImagesFedEx stock (NYSE: FDX) saw a 15% rise on Wednesday, June 26, after it reported Q4’24 results (fiscal ends in May) better than the street estimates. FDX stock is up 17% year-to-date, compared to -12% returns for its peer – UPS stock. FedEx’s Q4 revenue and earnings largely aligned with our expectat ...