Analysts Are Gushing Over FedEx Corporation (FDX), Salesforce.com, inc. (CRM)

FedEx Corporation (NYSE:FDX) last session’s volume of 2.07 million shares was higher than its average volume of 1.27 million shares. The stock, after opening at $218.39, hit $221.61 through the close by scoring 0.13%.

FedEx Corporation (FDX) Analyst Opinion

FedEx Corporation has a consensus outperform rating from 27 Wall Street analysts, and the number of shares currently sold short amount to at least 0.02% of shares outstanding. The stock spiked 4.58% last month and is up 19.02 this year. Wall Street is only getting more bullish on the stock, with 21 of analysts who cover FDX having a buy-equivalent rating. Analysts have placed a $230.84 price target on FedEx Corporation, suggesting a 4.16% gain from recent close. It’s currently trading about -2.37% below its 52-week high.

FedEx Corporation Earnings Surprise

FedEx Corporation (FDX) failed to surprise the stock market in its last reported earnings when it earned $2.51 a piece versus the consensus-estimated $3.09. Its revenue totaled $15.35 billion down -2.37% from the previous quarter.

FedEx Corporation (NYSE:FDX) Intraday View

This stock (FDX) is ahead of its 52-week low with 31.91%. Its last month’s stock price volatility remained 1.42% which for the week stands at 1.42%. The share price has moved forward from its 20 days moving average, trading at a distance of 1.51% and stays 4.22% away from its 50 days moving average. Over the last five days, shares have faced -1.18% losses and now is up 10.56% since hitting its 200-day moving average of $204.7. FedEx Corporation (FDX) has made its way to a 12-month gain of 27.17%.

Turning to Salesforce.com, inc. (NYSE:CRM), its shares were trading at $95.73 a gain of $0.21, on the trading floor. The stock, after opening at $95.5, touched a high of $95.88 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.9. Salesforce.com, inc. has 18 buy ratings, 3 holds and 1 sells even after the stock tumbled -2.54% from its high of $98.22 to a $68.2 billion market value through last close.

Salesforce.com, inc. (CRM) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.77 to 1.77 during a month. Analysts set a 12-month price target of $107.24 a share. The target implies a 12.02% spike from where the shares are currently trading. Also, the current price highlights a discount of 30.58% to analysts’ high consensus price target.

Salesforce.com, inc. (NYSE:CRM) Intraday Trading

The counter witnessed a trading volume of 3.95 million shares versus an average volume of 3.92 million shares during last trading session. Its last month’s stock price volatility remained 1.26% which for the week approaches 1.37%. The lowest price the stock reached in the last trading day was $94.68 and compares with the $66.43 52-week low. The stock recovered 44.11% since its low point and has performed 39.83% year-to-date.

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