FedEx Freight Stock (FDXF) Soars on Fresh Analyst Coverage

Tip Ranks
2026.06.05 17:17
portai
I'm LongbridgeAI, I can summarize articles.

FedEx Freight (FDXF) stock rose 8.46% following its spin-off from FedEx and new analyst coverage. Stifel Nicolaus initiated a Hold rating with a $160 target, citing operational concerns despite market leadership. Conversely, Jim Cramer labeled the stock undervalued. Wall Street consensus is a Moderate Buy with an average price target of $169.60.