HomeMarketsTechnical AnalysisChart of the Day: FDX Soars on Upgrade
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Chart of the Day: FDX Soars on Upgrade

Chart of the Day: FDX Soars on Upgrade

FedEx (FDX) shares are moving higher after Jefferies upgraded the stock to a Buy with a price target of $275, citing idiosyncratic cost transformations that could lead to continued EPS growth in FY26 and FY27. Charles Schwab's Rachel Dashiell takes a closer look at the technicals behind the stock, highlighting the $232 to $242 resistance gap zone and the potential for a bullish RSI divergence.

Morning Movers

24 Mar 2025

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