UBS maintains a Buy rating on FedEx with a $445 price target as the company prepares to spin off its freight business, FDXF, next week. UBS values the freight unit at $213 per share and the remaining parcel business, FEC, at $338 per share using a sum-of-the-parts approach. The bank forecasts earnings growth and margin improvements for both entities by 2027, driven by operational efficiencies and market conditions. The freight unit is expected to benefit from technology investments and sales expansion, while the parcel business will gain from network mergers in the US.
A consortium led by FedEx has proposed a €7.8 billion (around $9.06 billion) all-cash acquisition of Polish parcel locker company InPost. The offer, supported by 48% of InPost shareholders and requiring 80% acceptance to complete, will run from May 2...
A consortium led by FedEx has proposed a €7.8 billion ($9.06 billion) all-cash acquisition of Polish parcel locker company InPost. The offer, supported by 48% of shareholders and requiring 80% acceptance, will run from May 26 to July 27. Regulatory a...
Several large U.S. companies including Walmart, Apple, Nike, Home Depot, General Motors, FedEx, and Costco are applying for refunds on tariffs paid, despite President Trump's warning that he would "remember" companies that did not seek refunds. The S...
