FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...
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Fintel reports that on September 20, 2024, HSBC downgraded their outlook for FedEx (BRSE:FDX) from Buy to Hold. What is the Fund Sentiment? There are 2,703 funds or institutions reporting positions in ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
The S&P 500 slipped 0.2% from its record, and the Nasdaq composite fell 0.4%. The Dow Jones Industrial Average, meanwhile, ...
The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...
FedEx stock fell 11% after disappointing Q1 earnings and lowered guidance, but the sell-off may have been an overreaction, ...
FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in rivals United Parcel Service and DHL, which are also grappling with sluggish ...
Jason Seidl, an analyst from TD Cowen, reiterated the Buy rating on FedEx (FDX – Research Report). The associated price target was ...
Goldman Sachs analyst Jordan Alliger has maintained their bullish stance on FDX stock, giving a Buy rating on September 18. Jordan Alliger has ...