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Stay away from FedEx (NYSE: FDX). That’s according to JPMorgan’s (NYSE: JPM) new note to clients. The bank cut its rating on the shipping giant to Neutral from Overweight – and trimmed its price target from $284 to $274. As they explained… “FedEx continues to pursue a strategic transformation which includes improving capital efficiency, significantly reducing operating costs, and combining the Ground/Express network over time. We are Neutral on FDX as we believe there is upside driven by these idiosyncratic initiatives, however this is offset given a number of significant headwinds, mainly relating to the difficult industrial backdrop and increasing competition as the legacy hub-and-spoke networks are not utilized as much with logistics shifting to more regional footprints while B2C growth accelerates.” JPMorgan also flagged macro and structural risks. Tariff disputes could hurt FedEx’s Asia-Pacific business. Meanwhile in Europe, the company still struggles to squeeze profits from its 2016 TNT Express acquisition. Competition is also adding pressure. Shippers are resisting higher rates while rivals are adding more capacity. It’s not a pretty picture for a stock that’s already down 14% in 2025. Ian Wyatt *** Featured Research *** Treasury Secretary Predicts $3.7T Crypto Boom Treasury Secretary Scott Bessent says this hidden group of cryptos could grow from $300 billion today to $3.7 trillion in the next 5 years. That’s a 1,133% increase! Here’s how you could profit from them. Crypto Bank #2 After JP Morgan It’s shocking to think that this “crypto bank” is now worth $500 billion. That would make it the world’s #2 most valuable bank – after JP Morgan (NYSE: JPM). The New $6 Billion Crypto Stampede A record $5.95 billion just poured into crypto ETFs last week. It’s the biggest weekly surge of crypto buying in HISTORY – and it’s happening right after Trump passed the pro-crypto GENIUS Act. Discover why this is very bullish for 5 hidden cryptocurrencies.
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