FedEx (FDX) Falls 3% as Q1 EPS Misses, Outlook Lowered on Higher Labor Costs
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/8/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
FedEx (FDX) PT Lowered to $297 at Cowen
September 22, 2021 6:54 AM EDTCowen analyst Helane Becker lowered the price target on FedEx (NYSE: FDX) stock to $297.00 (from $335.00) while maintaining an Outperform rating following disappointing earnings due to higher labor costs.
The analyst commented, "FedEx reported disappointing earnings due to higher labor costs as they... More
