Analysts Back FedEx, Lift AMD Target

Wall Street's most notable move today is an upgrade of FDX. The logistics giant moved to a Buy-equivalent rating after the consensus tracker registered one new bull. Target prices cluster around $355, valuing the stock against a $69 billion market cap.

AMD attracted fresh optimism too. The average analyst target price ticked up to $618.51 from $616.51. With AMD now a $1 trillion company, even a modest TP nudge signals growing comfort with its AI chip positioning.

Telecom names faced pressure. TMUS and CHTR both saw target price trims. Charter's average fell to $178.58. T-Mobile's dropped to $244.12. Analysts appear cautious on near-term subscriber economics across the cable and wireless sector.

On the consumer side, DRI got a lift. The Olive Garden parent's consensus target rose to $233.62. Strong same-store sales trends and resilient casual dining demand appear to underpin the bullish view.

ACN and GDDY also received target upgrades. Accenture's TP edged to $192.49. GoDaddy's moved to $106.75, reflecting continued strength in small-business digital adoption.

One recommendation was removed on CRL, leaving the contract research firm with a thinner analyst consensus heading into Q4.