FedEx (FDX) Falls 3% as Q1 EPS Misses, Outlook Lowered on Higher Labor Costs
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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
