FedEx's cost-cutting plans have been welcomed by analysts, but they warn that the parcel-delivery service still has plenty of challenges ahead.
FedEx Corp.’s cost-cutting plans have been welcomed by analysts, but they warn that the parcel-delivery service still has plenty of challenges ahead.
Analysts... FedEx Corp.’s cost-cutting plans have been welcomed by analysts, but they warn that the parcel-delivery service still has plenty of challenges ahead. Analysts welcomed the cost cuts. In a note released Wednesday, Stifel maintained its hold rating for FedEx FDX but lowered its price target to $167 from $181.
Now read: FedEx’s package volumes keep falling, but it’s still getting more money out of each delivery
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