FedEx (FDX) PT Lowered to $308 at UBS

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FedEx (FDX): KeyBanc Positive into Earnings, Says Concerns are Discounted

September 9, 2022 8:44 AM EDT

FedEx (NYSE: FDX) is due to report earnings later this month with the majority of analysts concerned about the challenging macro outlook and execution.

Earlier this week, Citi analysts downgraded FDX shares to Neutral from Buy as macro headwinds are likely to challenge earnings growth.

We believe Ground volume has been weakening... More