11 Best All-Time High Stocks to Buy According to Wall Street

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5. FedEx Corporation (NYSE:FDX)

Potential upside: 7.91%

Number of Hedge Fund Holders: 60

On February 13, 2026, Stifel analyst J. Bruce Chan raised the price target on FedEx Corporation (NYSE:FDX) to $412 from $328 and maintained a Buy rating after the company hosted an Investor Day outlining its mid-term strategic roadmap to 2029. J. Bruce Chan said FedEx is emerging from a turbulent stretch in the parcel market, shaped by 3.5 years of freight cycle softness, the post-COVID normalization of e-commerce growth, shifting competition, and trade flow disruption tied to changing government policy. Stifel highlighted management’s commercial priorities targeting 4% compound annual revenue growth with modest macro contribution and 8% operating margins by 2029.

Also on February 13, 2026, Morgan Stanley analyst Ravi Shanker raised the price target to $220 from $210. Ravi Shanker said FedEx has largely been an idiosyncratic story since 2013, but after Network 2.0 in early 2027, growth is expected to hinge more on industry dynamics, bringing structural challenges into focus.

At its 2026 Investor Day, FedEx outlined plans to strengthen its position as a leading industrial network, prioritizing premium growth in high-margin verticals, scaling digital and AI capabilities, and transforming its network to improve profitability. The company set 2029 targets of $98B in revenue, $8B in operating income, an 8% operating margin, 11% ROIC, CapEx at 4% of revenue, and $6B in adjusted free cash flow, with a projected $3B increase in operating income driven by initiatives across its realigned reporting segments.

FedEx Corporation (NYSE:FDX) provides transportation, e-commerce, and business services globally and operates through its Federal Express and FedEx Freight segments.

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