FedEx (FDX) September 292.50 straddle priced into quarter results

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Go back to FedEx (FDX) September 292.50 straddle priced into quarter results

FedEx (FDX) PT Lowered to $345 at BofA Securities

September 18, 2024 5:48 AM EDT

BofA Securities analyst Ken Hoexter lowered the price target on FedEx (NYSE: FDX) to $345.00 (from $347.00) while maintaining a Buy rating.

The analyst comments "FedEx is set to report F1Q25 results on Thursday (Sept 19). We lower our F1Q25e EPS 9% to $4.76, given the sub-seasonal demand backdrop. We remain... More