FedEx stock gets a 2,000-truck order worth more than USD 300 million.
AD HOC NEWS
FedEx has placed an order for 2,000 electric trucks from Harbinger, valued at over USD 300 million, to be delivered by the end of 2027 as part of its electrification strategy. This comes as the company reported fiscal year 2026 revenue of USD 94.72 billion, up 7.7%, and recently sold FedEx Supply Chain for USD 1.4 billion. Analysts hold a Moderate Buy consensus for FedEx stock, with an average 12-month price target of USD 354.72.
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