FedEx (FDX) CEO is Doing A Terrific Job, Says Jim Cramer

Core Insights - FedEx Corporation (NYSE:FDX) is highlighted as a favored stock by Jim Cramer, with a notable increase in share price by 10% over the past year [2] - The company is undergoing a significant transition with the planned separation of its freight business, which has garnered positive attention from analysts [2] - CEO Raj Subramaniam is praised for his leadership and strategic foresight, particularly in navigating the freight recession [3] Analyst Ratings - Raymond James maintains an Outperform rating for FedEx with a price target of $305 [2] - Bank of America has raised its price target for FedEx from $315 to $365 and upgraded its rating from Neutral to Buy [2] Business Strategy - The spinoff of the freight business is viewed positively, with expectations that it will enhance the company's overall performance [3] - Cramer emphasizes the legacy of founder Fred Smith and the effective leadership of Subramaniam in continuing the company's success [3]