FedEx

2022 - 5 - 9

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Image courtesy of "Stockopedia"

Analysts upbeat on the outlook for Fedex (Stockopedia)

The Fedex (NYQ:FDX) share price has risen by 3.04% over the past month and it's currently trading at $210.2. For investors considering whether to buy, ...

Indeed, we've identified some areas of concern with Fedex that you can find out about here. The 1-year performance of the shares has been -32.4%. In terms of trading recommendations, Fedex currently has:

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Image courtesy of "Barron's"

FedEx Has a Back Door Into E-Commerce. It's Why One Analyst ... (Barron's)

Citigroup analyst Christian Wetherbee rates FedEx stock Buy and has a $270 target for the price. That is almost 30% above where the stock closed on Friday.

His answer is that the market might have missed something. The potential for FedEx (ticker: FDX) to become a bigger e-commerce player is one reason he likes the stock. FedEx Has a Back Door Into E-Commerce. It’s Why One Analyst Likes the Stock.

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Image courtesy of "CNA"

FedEx has 'lucrative backdoor' to bigger role in e-commerce, says Citi (CNA)

FedEx Corp can boost its profit by $1 billion annually if the delivery giant leverages its ShopRunner buyout and its partnership with Microsoft to deepen ...

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Image courtesy of "Techstory"

FedEx has opportunity to deepen its e-commerce presence says ... (Techstory)

FedEx has an opportunity to increase its profits by US$1 billion annually by taking the leverages of its Shop Runner buyout and Microsoft.

In March, FedEx posted lower-than-expected quarterly earnings, hit by ongoing labor woes and the Omicron outbreak, and said second-half ground margins would miss internal targets. “By leveraging ShopRunner assets through incremental technology investments with its partner Microsoft, we think FedEx can make itself a bigger part of the checkout process, increasing its role in the e-commerce sales experience,” the analyst said. “FedEx could become e-commerce’s universal shopping cart by augmenting ShopRunner’s hundreds of merchant partners to thousands, and building a base of millions of subscribers that would get free expedited shipping,” Citigroup analyst Christian Wetherbee said on Monday.

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