Bank of America analysts downgraded FedEx and UPS shares, setting low price targets. FedEx’s rating dropped to “neutral” with a $240 target, while UPS was labeled “underperform” with an $83 target. Both companies face volume and cost pressures, with recent tariff changes impacting certain low-value items. Stocks are down for the year.

Despite disappointing earnings reports, UPS and FedEx stocks saw an uptick in recent trading due to optimism about potential interest-rate cuts. While both companies have faced challenges, they remain resilient in a volatile market. Bank of America’s cautionary downgrade reflects ongoing uncertainties in the shipping industry.

Read more at Yahoo Finance: These Wall Street Analysts Are Wary About Shares of UPS and FedEx. Here’s Why.