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Story summary
- FedEx Corporation will purchase 1,900 Freightliner Sprinter vans for parcel delivery, assembled in South Carolina, with initial deliveries in August 2026.
- Wall Street analysts predict a decline in FedEx's stock price over the next year, with an average target of $315.05.
- Citigroup Inc. and Bank of America Corporation have raised their price targets for FedEx, signaling confidence in its growth potential.
- The outlook remains mixed as FedEx expands its fleet.
