Jefferies Upgrades Fedex Corp (FDX) to a Buy from a Hold

Fedex Corp’s recently made public that its Executive Chairman SMITH FREDERICK W unloaded Company’s shares for reported $25.12 million on Apr 11 ’25. In the deal valued at $202.85 per share,123,850 shares were sold. As a result of this transaction, SMITH FREDERICK W now holds 14,289,514 shares worth roughly $3.18 billion.

Then, SMITH FREDERICK W bought 123,850 shares, generating $25,562,640 in total proceeds.

Before that, Smith John Alan sold 6,155 shares. Fedex Corp shares valued at $1,499,050 were divested by the COO – US&CAN FEC at a price of $243.55 per share. As a result of the transaction, Smith John Alan now holds 23,347 shares, worth roughly $5.2 million.

Jefferies upgraded its Fedex Corp [FDX] rating to a Buy from a a Hold in a research note published on March 24, 2025; the price target was decreased to $275 from $300. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late March has reiterated a ‘”a Buy”‘ rating for it. Loop Capital also remained covering FDX and has decreased its forecast on March 21, 2025 with a “Sell” recommendation from previously “Hold” rating. Citigroup maintained its rating on March 18, 2025. It rated FDX as “a Buy”.

Price Performance Review of FDX

On Tuesday, Fedex Corp [NYSE:FDX] saw its stock fall -1.87% to $222.53. Over the last five days, the stock has lost -2.38%. Fedex Corp shares have fallen nearly -20.90% since the year began. Nevertheless, the stocks have fallen -10.49% over the past one year. While a 52-week high of $313.84 was reached on 01/02/25, a 52-week low of $194.29 was recorded on 04/09/25.

Levels Of Support And Resistance For FDX Stock

The 24-hour chart illustrates a support level at 220.63, which if violated will result in even more drops to 218.72. On the upside, there is a resistance level at 225.49. A further resistance level may holdings at 228.44.

The most recent change occurred on March 13, 2025 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $305 price target.

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