FedEx Trading Volume Surges 72.73% to $516 Million, Ranks 179th in Daily Turnover

On June 3, 2025, FedEx (FDX) saw a significant increase in trading volume, with a turnover of $516 million, marking a 72.73% rise from the previous day. This surge placed FedEx at the 179th position in terms of trading volume for the day. The stock price of FedEx rose by 0.87%.

Barclays has revised its price target for FedEx, lowering it from $350 to $330. Despite this adjustment, the firm maintains an "Overweight" rating on the stock. This change reflects concerns over near-term earnings and potential impacts from tariffs.

Morgan Stanley analyst Ravi Shanker has maintained a "Sell" rating on FedEx, indicating a bearish outlook on the company's prospects. This rating suggests that the analyst believes the stock is overvalued and may experience further declines.