Analysts concur FedEx's Express segment profited from cost c...

Analysts concur FedEx's Express segment profited from cost controls, particularly lower labor costs. Despite mixed outcomes, FedEx's progress on cost initiatives is recognized. Concerns about structural revenue issues led to an 8% price target increase by Morgan Stanley analyst. Bernstein analyst maintains an Outperform rating on FedEx, confident in achievable medium-term EPS of $20-$24.