Additionally, the company will raise surcharges on shipments from the Philippines to $0.90 from $0.45. On August 7, Stephens analyst Jack Atkins raised the price target on FedEx to $215 (17.1% upside potential) from $180 and maintained a Buy rating, saying that the stock is his "Best Idea" for the rest of 2020. Atkins said that the setup for FedEx "is perhaps the best it has been since mid-2013" and he sees "increasingly positive demand and pricing signals". Overall, FDX has a Moderate Buy analyst consensus.