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FedEx Risks Mount As Tariff Pressure Remains: Analyst Warns Of Increased Reporting Complexity
Benzingaยท 2025-05-13 19:04
Bank of America Securities analyst Ken Hoexter reiterated the Buy rating on FedEx Corporation FDX, lowering the price forecast from $272 to $270.Hoexter noted that FedEx is progressing steadily on its structural cost initiatives, including Network 2.0, DRIVE, and Tri-Color.However, international B2B volumes in F4Q25 faced headwinds.Also Read: Amazon And FedEx Rekindle Talks? Reportedly Explored New Collaborative OpportunitiesWhile March volumes were stable, April weakened and May saw sharp Trans-Pacific dec ...