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Barchart
Anushka Dutta

FedEx Corporation Stock: Is Wall Street Bullish or Bearish?

FedEx Wall Street FedEx Corporation Christian Wetherbee

FedEx Corporation (FDX) operates a global network for express shipping, ground transportation, freight forwarding, and logistics support. Headquartered in Memphis, Tennessee, it coordinates global delivery and e-commerce activities. The company has a market capitalization of $88.24 billion. 

Based on strong analyst sentiment regarding FedEx’s strategic success, the company has the potential to capitalize on growing demand for logistics and delivery services. Over the past 52 weeks, the stock has gained 43.2%, and it is up 32.6% year-to-date (YTD).  FedEx’s shares reached a high of $383.59 on Feb. 18, and are only down marginally from that level. 

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