What Analysts Think of FedEx Stock Ahead of Earnings
1. FedEx is releasing Q3 earnings this Thursday. 2. Analysts are bullish with a 31% higher average price target. 3. Expected EPS increase of 20% to $4.64 and revenue rise to $21.97 billion. 4. Morgan Stanley cites solid peak season but persistent demand headwinds. 5. FedEx shares are down 5% in the last year, closing at a yearly low.