Barclays raises FedEx PT on AI-fueled growth expectation
ReutersFeb 10, 2026 11:45 AM
Barclays raises FedEx FDX.N price target on AI-fueled growth expectation ahead of co's investor day on Feb 12
New PT at $450 from $360 earlier, representing a 23.4% upside on stock's last close
Brokerage says co's progress towards spinning off its freight business provides meaningful upside potential
Adds that FDX decision to leverage AI could drive greater supply chain visibility for customers, operational improvements and new commercial growth opportunities
In 2025, FDX's stock rose 5.3%
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