JPMorgan Chase & Co. Cuts FedEx Freight (NYSE:FDXF) Price Target to $149.00

Posted by Francis Steltz on Oct 8th, 2026

FedEx Freight (NYSE:FDXF – Free Report) had its price objective lowered by JPMorgan Chase & Co. from $160.00 to $149.00 in a research note released on Monday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

A number of other equities research analysts have also recently commented on FDXF. Jefferies Financial Group began coverage on FedEx Freight in a report on Tuesday, June 23rd. They set a “buy” rating and a $200.00 target price on the stock. The Goldman Sachs Group initiated coverage on FedEx Freight in a research report on Wednesday, July 1st. They issued a “buy” rating and a $186.00 price objective on the stock. Citizens Jmp started coverage on FedEx Freight in a research note on Wednesday, July 15th. They set a “market outperform” rating and a $190.00 price objective on the stock. BMO Capital Markets lifted their price objective on FedEx Freight from $140.00 to $150.00 and gave the stock a “market perform” rating in a research report on Friday, June 26th. Finally, Stephens initiated coverage on shares of FedEx Freight in a research note on Wednesday, July 8th. They issued an “overweight” rating and a $180.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $162.38.

Read Our Latest Research Report on FedEx Freight

FedEx Freight Price Performance

Shares of FDXF opened at $113.28 on Monday. FedEx Freight has a 1-year low of $107.67 and a 1-year high of $194.27. The stock’s 50 day simple moving average is $129.05.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. State Street Corp acquired a new stake in shares of FedEx Freight during the second quarter worth $723,747,000. Maple Rock Capital Partners Inc. purchased a new position in FedEx Freight during the second quarter worth about $68,207,000. Allianz Asset Management GmbH purchased a new position in FedEx Freight during the second quarter worth about $50,888,000. National Pension Service acquired a new stake in FedEx Freight in the 2nd quarter worth about $26,648,000. Finally, Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in FedEx Freight in the 2nd quarter worth about $19,666,000.

FedEx Freight Company Profile

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FedEx Freight is a transportation and logistics company focused on less-than-truckload (LTL) shipping. It moves palletized and oversized freight that does not require a full truck, serving commercial, industrial and residential customers through scheduled pickup and delivery services.

The company offers time-sensitive and cost-conscious freight options, including FedEx Freight Priority and FedEx Freight Economy. Its services also include shipment tracking and visibility tools, freight pickup and delivery, cross-border transportation, and specialized solutions for shipments requiring additional handling or delivery coordination.

FedEx Freight primarily serves the United States, with transportation connections to Canada, Mexico and other international markets through the broader FedEx network.