FedEx Freight (NYSE:FDXF) Upgraded by Jefferies Financial Group to Strong-Buy Rating

Jefferies Financial Group upgraded shares of FedEx Freight (NYSE:FDXF) to a strong-buy rating in a report released on Tuesday,Zacks.com reports.

Other equities analysts have also recently issued reports about the company. Wall Street Zen upgraded FedEx Freight to a “hold” rating in a report on Saturday, June 6th. Zacks Research raised shares of FedEx Freight to a “hold” rating in a research note on Tuesday, June 2nd. Evercore began coverage on shares of FedEx Freight in a report on Thursday, June 4th. They issued an “outperform” rating and a $168.00 price target for the company. Bank of America started coverage on shares of FedEx Freight in a research note on Monday, June 1st. They issued a “buy” rating and a $185.00 price target for the company. Finally, Stifel Nicolaus started coverage on shares of FedEx Freight in a report on Thursday, June 4th. They set a “hold” rating and a $160.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $178.83.

FedEx Freight Stock Performance

Shares of FedEx Freight stock opened at $167.83 on Tuesday. FedEx Freight has a one year low of $141.33 and a one year high of $194.27.

FedEx Freight News Summary

Here are the key news stories impacting FedEx Freight this week:

• Positive Sentiment: FedEx reported better-than-expected quarterly profit in its first earnings report after the Freight spinoff, with revenue also rising, which suggests the core business remains resilient. FedEx tops profit expectations in its first post-spinoff earnings report
• Positive Sentiment: Jefferies called FedEx Freight “the most compelling story in LTL,” reinforcing bullish sentiment around the freight unit’s long-term growth prospects. FedEx Freight the most compelling story in LTL — Jefferies
• Positive Sentiment: Some analysts remain upbeat on FedEx’s turnaround potential, citing cost cuts and the post-spin-off plan as catalysts for improved margins and execution. FedEx Q4 preview: Market expert sees stock rallying to $345; ‘one of the better turnaround stories’
• Neutral Sentiment: Management’s earnings-call commentary focused on the outlook, tariffs, and execution after the spinoff, but no single takeaway from the call appears to have overwhelmed the earnings beat. FedEx Q4 2026 Earnings Call: Updates on $FDX outlook
• Negative Sentiment: Trade-policy uncertainty and tariff-related headaches are still weighing on sentiment, limiting enthusiasm despite the strong quarter. FedEx sinks as trade policy whiplash weighs on results
• Negative Sentiment: FedEx also continues to face legal and financial risk tied to tariff refund disputes, which could add uncertainty to future results. FedEx Tops Expectations With $25 Billion Quarter, But the Tariff Headache Isn’t Over

FedEx Freight is a less-than-truckload (LTL) freight transportation company and a subsidiary of FedEx Corp. It provides regional and national shipping services for businesses that need to move palletized freight that does not require a full truckload. Its services are designed to help customers transport larger shipments efficiently across the United States, Canada, and Mexico.

The company offers a range of freight services, including standard and priority shipping options, as well as specialized handling for shipments that require careful routing and scheduling.