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Analysts Are Recommending ‘Buys’ on FedEx ahead of Its Q2 Results

Andrew Brunton
Analysts Are Recommending ‘Buys’ on FedEx ahead of Its Q2 Results

FedEx (FDX) has a consensus rating of ~1.93 from analysts polled by Thomson Reuters (TRI), and there’s a consensus “buy” opinion on the stock. Analysts are bullish about FedEx and foresee strong double-digit growth in its stock price. The company’s consistently strong quarterly performances and its encouraging outlook for fiscal 2019 have instilled confidence among analysts, as is reflected in their ratings.