Key Stats for FedEx Stock

• YTD price change for FedEx stock: 41%
• $FDX Share Price as of May. 27: $412
• 52-Week High: $414
• $FDX Stock Price Target: $404

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What Happened?

FedEx (FDX) stock is getting attention from Wall Street ahead of one of the biggest corporate events in the company’s history. Wells Fargo has set a price target of $450, implying roughly 14% upside from current levels. JPMorgan went further, upgrading FedEx to Overweight with a $460 target.

Both calls are timed around the June 1 spinoff of FedEx Freight into a standalone publicly traded company. The separation has been in the…