These Wall Street Analysts Are Wary About Shares of UPS and FedEx. Here's Why.

Getty Images Analysts at Bank of America lowered their ratings of shares of UPS and FedEx on Thursday A big Wall Street bank got more cautious about two U.S. shipping giants' shares today. Bank of America analysts on Thursday downgraded both FedEx (FDX) and UPS (UPS), setting price targets on shares that were among the lowest on Wall Street. The analysts cut their rating on FedEx to “neutral” from “buy,” trimming their target by $5 to $240, one of the lower ratings compiled by Visible Alpha and below the ...