Core Insights - FedEx Corp (FDX) is undergoing a significant transformation by planning to spin off its Freight business, which was highlighted in the recent Q2 report [1] Group 1: Company Overview - The company is focusing on restructuring its operations to enhance efficiency and shareholder value through the spin-off of its Freight segment [1] Group 2: Management Strategy - The management's decision to separate the Freight business is aimed at allowing both entities to pursue distinct growth strategies and operational focuses [1]

Core Viewpoint - FedEx Corp's stock is experiencing a significant decline, down 11.2% to $218.29, marking its lowest level since June 2023, following a fiscal third-quarter earnings miss and a third consecutive cut in profit outlook due to weakness in the U.S. industrial economy [1] Group 1 - The company reported a fiscal third-quarter earnings miss and cut its profit outlook for the third time, citing "continued weakness and uncertainty in the U.S. industrial economy" [1] - Analysts have reacted by slashing price targets, with J.P. Morgan Securities reducing its target from $372 to $323 and Loop Capital downgrading the shares to "sell" from "hold" [2] - The stock has fallen below recent support at $240 and is on track for its third consecutive weekly loss, with a year-to-date decline of 21.9% [2] Group 2 - Among the 33 analysts covering the stock, 21 still maintain a "buy" or better rating, with a 12-month consensus price target of $312.15, indicating a 41.4% premium to current levels [3] - The presence of a significant number of "buy" ratings suggests potential for recovery, although bear notes may pose short-term challenges [3]