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

FedEx Freight (NYSE:FDXF) was upgraded by research analysts at Jefferies Financial Group to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other analysts also recently commented on FDXF. Raymond James Financial initiated coverage on FedEx Freight in a research report on Wednesday, June 3rd. They set an “outperform” rating and a $180.00 price target for the company. Zacks Research raised FedEx Freight to a “hold” rating in a research report on Tuesday, June 2nd. Bank of America started coverage on FedEx Freight in a research note on Monday, June 1st. They issued a “buy” rating and a $185.00 price objective for the company. Evercore started coverage on FedEx Freight in a research report on Thursday, June 4th. They set an “outperform” rating and a $168.00 target price for the company. Finally, Truist Financial assumed coverage on FedEx Freight in a research note on Tuesday, June 2nd. They set a “hold” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $178.83.

FedEx Freight Price Performance

Shares of NYSE FDXF opened at $167.83 on Tuesday. FedEx Freight has a twelve month low of $141.33 and a twelve month high of $194.27.

Key Headlines Impacting FedEx Freight

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 leading provider of less-than-truckload (LTL) freight transportation services in North America. The company helps businesses move shipments that are too large for parcel delivery but do not require a full truckload, offering regional, interregional, and long-haul shipping solutions for a wide range of industries.

FedEx Freight’s services are designed to support shippers with time-definite delivery, freight handling, and network coverage across the United States, Canada, and Mexico.