FedEx (FDX) PT Lowered to $275 at BofA Securities

October 4, 2021 8:24 AM EDT
Get Alerts FDX Hot Sheet
Price: $227.34 -0.78%

Rating Summary:
    25 Buy, 15 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 15 | Down: 25 | New: 91
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BofA Securities analyst Ken Hoexter lowered the price target on FedEx (NYSE: FDX) to $275.00 (from $290.00) while maintaining a Buy rating.

  • lower F2Q22, F2022, F2023 EPS estimates 12%, 2%, 2%, to $3.99, $19.70, $22.75, from $4.53, $20.00, $23.30.
  • valuation and opportunity keeps them at Buy


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