FedEx downgraded by Morgan Stanley after Q1 earnings miss
Morgan Stanley downgrades FedEx (FDX) from Equal-Weight to Underweight after the company's fiscal first quarter earnings miss sent shares reeling on Friday. Market Domination hosts Josh Lipton and Julie Hyman take a look at the analyst note from Morgan Stanley's Ravi Shankar and what it means for the postal carrier heading into the 2024 holiday season.
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FedEx (NYSE:FDX) slumped in early trading on Friday after the Memphis-based company's downside guidance rattled investors.
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
Oppenheimer analyst Scott Schneeberger maintained a Hold rating on FedEx (FDX – Research Report) today. The company’s shares closed ...
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
U.S. stock index futures on Thursday ripped gains, a day after the Federal Reserve delivered an aggressive 50 basis point ...
We came across a bullish thesis on FedEx Corporation (FDX) on Rijnberk InvestInsights’ Substack by Daan Rijnberk. In this ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
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