ValuEngine Lowers FedEx (NYSE:FDX) to Hold
FedEx (NYSE:FDX) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Tuesday, November 19th, ValuEngine reports.
A number of other analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of FedEx from a “hold” rating to a “sell” rating and set a $161.00 target price for the company. in a research report on Thursday, August 29th. Wolfe Research set a $184.00 price target on FedEx and gave the company a “buy” rating in a report on Wednesday, September 18th. BMO Capital Markets downgraded FedEx from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $190.00 to $165.00 in a research report on Wednesday, September 18th. Oppenheimer decrease ...