UBS Lowers FedEx (FDX) Price Target but Keeps Buy Rating

FedEx Corporation (NYSE:FDX) is one of the 12 Best Logistics Stocks to Buy According to Hedge Funds. On June 25, UBS reduced its price target for FedEx Corporation (NYSE:FDX) from $311 to $297 while keeping a “Buy” rating.

This decision came after the company shared results for its fourth quarter of fiscal 2025. FedEx Corporation (NYSE:FDX) reported adjusted earnings per share of $6.07 for the quarter, which beat market expectations.

UBS Lowers FedEx (FDX) Price Target but Keeps Buy Rating

A driver unloading packages from a van for a time-critical delivery.

The company’s operating income in both its Federal Express and Freight segments came in stronger than expected. This was excluding a $33 million gain on the sale of a facility, which added $0.09 per share to the Freight division’s earnings before interest and taxes.

For the first quarter of fiscal 2026, FedEx Corporation (NYSE:FDX) provided guidance with a midpoint of $3.70 per share. This is about 9% below consensus estimates. The company also decided not to provide guidance for the full year, citing uncertainty in the global economy and trade.

UBS analysts noted that FedEx Corporation’s (NYSE:FDX) stock is likely to see a “modestly negative response” to the earnings report and guidance, especially because of the company’s cautious stance and its choice not to provide a more complete outlook for its fiscal year 2026.

FedEx Corporation (NYSE:FDX) is an American company that specializes in transportation, e-commerce, and logistics. The company serves over 220 countries and territories.

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Disclosure: None. This article is originally published at Insider Monkey.