BofA reiterates Buy rating for FedEx Freight (FDXF), raising price target to $187 after strong Q4 earnings top expectations.

FedEx (FDX) reported better-than-expected Q4 earnings, with revenue of $25B and adjusted EPS of $6.31. Operating margin shrank, but growth strategy is working. Analysts have mixed…

BofA reiterates Buy rating for FedEx Freight (FDXF), raising price target to $187 after strong Q4 earnings top expectations.