JPMorgan Chase Assigns 'Overweight' Rating to FedEx Freight
Analysts at JPMorgan Chase & Co. have initiated coverage on FedEx Freight (NYSE:FDXF) and assigned an 'overweight' rating, with a price target of $160.00.
This suggests a potential upside of 23.91% from the company's previous close of $129.13.
Other firms, including Evercore and The Goldman Sachs Group, have also initiated coverage on FedEx Freight, with 'outperform' and 'buy' ratings respectively.