JPMorgan Slashes FedEx Corporation (FDX) PT to $260 Over Demand Concerns
From Yahoo Finance: 2025-06-05 20:42:00
JPMorgan lowered FedEx Corporation’s price target from $280 to $260 due to weak demand trends and tariff concerns. FedEx’s upcoming earnings call on June 24 will cover capacity utilization, collaborations with Amazon, and savings goals. Despite obstacles, JPMorgan believes FedEx is a compelling investment with potential for growth. FedEx is a global logistics provider with a strong operational efficiency. While FedEx may offer investment potential, some believe AI stocks hold greater promise. For more information on potential AI investments, check out our free report on the best short-term AI stock.
Read more at Yahoo Finance: JPMorgan Slashes FedEx Corporation (FDX) PT to $260 Over Demand Concerns