Category: Retains

FedEx stock target cut on demand concerns, retains buy rating By Investing.com

September 20, 2024

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Investor Empires

On Friday, TD Cowen took a cautious stance on FedEx Corp (NYSE: ) shares by cutting its price target to $328 from $334, while still recommending the stock as a Buy. The revision comes on the heels of FedEx’s first-quarter financial results, which fell short of analyst expectations or the…
Dollar steadies after sharp gains post Fed minutes; sterling retains strength By Investing.com

May 23, 2024

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Investor Empires

Investing.com – The US dollar gave up some of the previous session’s gains on Thursday, but remained near a one-week high after minutes from the Federal Reserve’s latest meeting indicated US interest rates will remain high for some time. At 04:20 ET (08:20 GMT), the dollar index, which tracks the…