FedEx (FDX) PT Raised to $325 at KeyBanc
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'Too Much of a 'Show-me Story': FedEx Shares Fall After Berenberg Cut to Hold
July 1, 2022 8:01 AM EDTShares of FedEx (NYSE: FDX) are down over 2% in pre-open Friday after Berenberg analyst William Fitzalan Howard downgraded to Hold from Buy with a price target of $275.00 per share (down from $330.00).
The risk/reward is no longer favorable, said Fitzalan Howard in a downgrade research note, amid rising cyclical risks and a mixed change of strategic... More
