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Though FedEx Freight has underperformed relative to the broader market over the past month, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Despite FedEx’s outperformance relative to the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.

S&P 500 investors can't decide if they should be bullish or playing it safe. But corporate profit guidance for next year can provide a clue.
Treasury yields and oil prices surged, and the dollar confirmed the breakout toward a longer-term uptrend, to push the S 500 below key chart support.
Ahead of its third-quarter earnings release, analysts forecast Nordson's bottom line to grow by double digits from the year-ago quarter.
Parker-Hannifin will release its fourth-quarter earnings soon, and analysts anticipate a single-digit bottom-line growth.
United Parcel is expected to announce its second-quarter earnings in August, and Wall Street forecasts a single-digit increase in its bottom line.