Bernstein downgrades FedEx stock and lowers price target
FedEx (FDX) shares are in focus after Bernstein analysts downgraded the stock to market perform from overperform and lowered their price target to $316 from $337. Julie Hyman and Josh Lipton review the details of the analyst note on Market Domination.
FedEx Stock Drops on Downgrade as Analyst Cites Increasing Risks
FedEx stock fell early Tuesday after a formerly upbeat Wall Street analyst cut his rating, citing a variety of challenges facing the logistics company. Monday evening, Bernstein analyst David Vernon downgraded FedEx shares to Hold from Buy.
FedEx downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded FedEx (FDX) to Market Perform from Outperform with a price target of $316, down from $337.Don't Miss our Black Friday
FedEx Stock Dips After Bernstein Downgrade, But JPMorgan Price Target Hike Lifts Retail Optimism
Shares of logistics major FedEx Corp slid nearly 4% on Tuesday after Bernstein reportedly downgraded the stock to ‘Market Perform’ from ‘Outperform’ and lowered its price target to $316 from $337, ahead of the company’s second-quarter (Q2) earnings report.
Bernstein downgrades FedEx on ‘tactical pause’ into earnings
Bernstein last night downgraded FedEx (FDX) to Market Perform from Outperform with a price target of $316, down from $337, ahead of the Q2
Bernstein cuts FedEx to Market Perform on execution, policy risks
Global brokerage major Bernstein Societe Generale Group on Tuesday downgraded FedEx (FDX) to Market Perform from Outperform, ahead of the delivery giant's Q2 ea
FedEx rating cut at Bernstein on execution risk
Perform" by Bernstein analysts, citing a confluence of execution, event, and policy risks that could weigh on the stock. The price target was reduced to $316 from $337. Bernstein noted
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