Citigroup cut the price target on FedEx Corporation (NYSE: FDX) from $270 to $225. Citigroup analyst Christian Wetherbee also downgraded the stock from Buy to Neutral. FedEx shares fell 3% to trade at $202.52 on Tuesday.
Patterson Cos (NASDAQ:PDCO) reported its Q1 earnings results on Thursday, September 1, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Companies Reporting Before The Bell
• Hello Gr (NASDAQ:MOMO) is projected to report quarterly earnings at $0.25 per share on revenue of $445.33 million.
IDEXX Laboratories (NASDAQ: IDXX) suffers from currency fluctuations along with high dependence on third-party distributors. The stock carries a Zacks Rank #4 (Sell).