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Major Firms Rating | Raymond James: Downgraded FedEx's Target Price to $305, maintaining an "Outperform" rating.
Raymond James has lowered the Target Price for FedEx from $310 to $305, while maintaining an "outperform" rating. The management's shift towards integrating express and ground delivery services, strengthening capital allocation reviews, and implementing more shareholder-friendly capital return plans will drive an increase in shareholder returns. FedEx is scheduled to announce its second fiscal quarter earnings report on December 19.
Raymond James Maintains FedEx(FDX.US) With Buy Rating, Cuts Target Price to $305
Express News | FedEx Corp : Raymond James Cuts Target Price to $305 From $310
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