FedEx downgraded by Morgan Stanley after Q1 earnings miss

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Morgan Stanley News

Fedex,Josh Lipton,Julie Hyman

Morgan Stanley downgrades FedEx (FDX) from Equal-Weight to Underweight after the company's fiscal first quarter earnings miss sent shares reeling on Friday. ...

take a look at the analyst note from Morgan Stanley's Ravi Shankar and what it means for the postal carrier heading into the 2024 holiday season.All right, let's get to some calls of the day now sponsored by Tasty Trade, Morgan Stanley downgrading FedEx from equal weight to underweight.And then we have Morgan Stanley, which brings the paying joy they cut the target and the rating they go to the equivalent of a sale.

He thinks the company is going to need to earn almost $17 in earnings per share over the next three quarters in order to hit the guidance that the company has put up here for reference.So they'll need to get to 17 in a challenging environment, according to Schenker. A millennial couple who moved from Colorado to Massachusetts shares why it was bad for their finances but good for their life.Chelsea 1-0 Aston Villa: Hannah Hampton made a stunning last-minute save to deny opposite goalkeeper Sabrina D’Angelo as the champions made a winning start under BompastorBurglar wins £5.5m payout over stabbing in prison canteen that left him with fear of kitchens

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