FedEx (FDX) Falls After Missing on Q1 and FY EPS Expectations Amid Labor Costs, Raymond James Downgrades to Market Perform
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
FedEx (FDX) PT Lowered to $280 at Susquehanna
September 22, 2021 7:03 AM EDTSusquehanna analyst Bascome Majors lowered the price target on FedEx (NYSE: FDX) to $280.00 (from $307.00) while maintaining a Neutral rating.... More
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
FedEx (FDX) PT Lowered to $345 at Barclays
September 22, 2021 5:50 AM EDTBarclays analyst Brandon Oglenski lowered the price target on FedEx (NYSE: FDX) to $345.00 (from $375.00) while maintaining a Overweight rating.... More
FedEx (FDX) PT Lowered to $290 at BofA Securities
September 22, 2021 5:34 AM EDTBofA Securities analyst Ken Hoexter lowered the price target on FedEx (NYSE: FDX) to $290.00 (from $340.00) while maintaining a Buy rating.... More
FedEx (FDX) PT Lowered to $300 at Citi
September 22, 2021 5:01 AM EDTCiti analyst Christian Wetherbee lowered the price target on FedEx (NYSE: FDX) to $300.00 (from $360.00) while maintaining a Buy rating.... More
FedEx (FDX) PT Lowered to $325 at KeyBanc
September 22, 2021 4:25 AM EDTKeyBanc analyst Todd Fowler lowered the price target on FedEx (NYSE: FDX) to $325.00 (from $350.00) while maintaining a Overweight rating.... More
FedEx (FDX) PT Lowered to $250 at Morgan Stanley
September 22, 2021 4:13 AM EDTMorgan Stanley analyst Ravi Shanker lowered the price target on FedEx (NYSE: FDX) to $250.00 (from $270.00) while maintaining a Equalweight rating.... More