UBS lowered the firm’s price target on FedEx (FDX) to $297 from $311 and keeps a Buy rating on the shares. FedEx reported an upside Q4 earnings report, but there was a lack of clarity in the fiscal 2026 outlook due to lack of visibility on macro and trade, the analyst tells investors in a research note. The tariff headwind expected in Q1, which appears to be driven predominately by the elimination of the de minimis exemption, is larger than the firm expected.
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Read More on FDX:
- FedEx price target raised to $235 from $220 at Wells Fargo
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- FedEx Faces Financial Uncertainty: Analyst Issues Sell Rating Amid Earnings Concerns and Lack of Guidance
- FedEx price target lowered to $320 from $330 at Barclays
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