03:00 PM EDT, 09/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target price by $7 to $219, 12.1x our FY 26 (May) EPS view and below FDX's three- and five-year forward average of 12.8x. We cut our FY 26 EPS view by $0.48 to $18.07 and lift our FY 27 view by $0.02 to $12.11. Our downgrade to Sell largely reflects macroeconomic pressures that we expect to persist, further pressuring an already struggling shipping and logistics environment. Commentary on the end of de minimis exceptions will likely be top of mind for investors heading into the upcoming earnings release, which we expect to materially impact volumes. We see trends in consumer spending data as a percentage of disposable income as a signal of weakening freight demand, while U.S. manufacturing PMI and capacity utilization data signal additional demand deterioration for industrial/manufacturing markets. Shares of FDX have fared better than UPS YTD, with declines of -16.4% and -31.7%, respectively, which we attribute to the highly anticipated spin-off of FDX's less-than-truckload business.