Form 8-K FEDEX CORP For: Mar 11

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Go back to Form 8-K FEDEX CORP For: Mar 11

FedEx (FDX) PT Lowered to $291 at Goldman Sachs

March 12, 2024 5:04 AM EDT

Goldman Sachs analyst Jordan Alliger lowered the price target on FedEx (NYSE: FDX) to $291.00 (from $293.00) while maintaining a Buy rating.

The analyst comments "Bottom Line: We are lowering our FY3Q (Feb) quarter EPS to $3.30 p/s from $3.75 to reflect a few key adjustments; including 1) what looks to be ongoing softness in B2B activity as denoted by recent... More