FedEx Corporation (NYSE:FDX) Upgraded by Loop Capi…

From Financial Modeling Prep: 2024-12-20 04:00:12

Loop Capital Markets upgraded FedEx Corporation (NYSE:FDX) from a Hold to a Buy rating, showing confidence in the company’s future performance. The Q2 2025 earnings call revealed crucial financial figures, highlighting FedEx’s financial health. CEO Raj Subramaniam emphasized the company’s scaled network and the decision to spin off the freight business for operational efficiency and market position enhancement.

FedEx Corporation (NYSE:FDX) is a global logistics and transportation leader, offering express shipping, freight, and supply chain management solutions. Loop Capital Markets upgraded FedEx from a Hold to a Buy rating on December 19, 2024, with the stock priced at $275.88. The Q2 2025 earnings call provided insights into FedEx’s financial performance and strategic plans, with CEO Raj Subramaniam discussing the company’s competitive advantages and operational focus.

CEO Raj Subramaniam highlighted FedEx’s scaled network and strategic decision to spin off the freight business for operational efficiency. The stock traded at $275.88, showing a 0.9958% increase during the trading day, with a price range of $273.19 to $277.99. With a market capitalization of around $67.4 billion and significant trading volume, FedEx remains a key player in the logistics industry.



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