FedEx shares slide as annual forecast cuts stoke worries on economy
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FedEx (FDX) PT Lowered to $276 at Evercore ISI
March 21, 2025 6:17 AM EDTEvercore ISI analyst Jonathan Chappell lowered the price target on FedEx (NYSE: FDX) to $276.00 (from $290.00) while maintaining a Outperform rating.
The analyst comments "FDX reported adjusted F3Q25 EPS of $4.51, coming in ahead of our recently lowered estimate of $4.38 (here) but still $0.05 below the average Street forecast. Importantly, the company lowered its full-year fiscal 2025 EPS... More
