FedEx is trading 4.02% up at $321.62 after Evercore ISI raised its price target to $350 from $323 while maintaining an In Line rating on September 9, 2026.
- The action followed commentary on FedExβs transformation progress, likely supporting the pre-market gain.
- FedEx announced a $1.22 quarterly dividend; September 14, 2026 is the ex-dividend date.
- Broader industrials are weaker amid elevated oil prices and geopolitical tensions; the analyst action appears the stronger explanation after three declining sessions.