This FedEx Analyst Turns Bearish; Here Are Top 5 Downgrades For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Goldman Sachs analyst Matthew Sykes downgraded the rating for Charles River Laboratories International, Inc. CRL from Buy to Neutral and lowered the price target from $190 to $170. Charles River shares closed at $165.35 on Thursday. See how other analysts view this stock.
• HC Wainwright & Co. analyst Matthew Caufield downgraded OptiNose, Inc. OPTN from Buy to Neutral and lowered the price target from $18 to $9. OptiNose shares closed at $9.15 on Thursday. See how other analysts view this stock.
• Loop Capital analyst Rick Paterson downgraded the rating for FedEx Corporation FDX from Hold to Sell and lowered the price target from $283 to $221. FedEx shares closed at $246.21 on Thursday. See how other analysts view this stock.
• William Blair analyst Brian Drab downgraded the rating for Valmont Industries, Inc. VMI from Outperform to Market Perform. Valmont Industries shares closed at $326.58 on Thursday. See how other analysts view this stock.
• Wells Fargo analyst Jason Haas downgraded FactSet Research Systems Inc. FDS from Equal-Weight to Underweight and slashed the price target from $450 to $402. FactSet Research shares closed at $430.93 on Thursday.  See how other analysts view this stock.

Considering buying FDX stock? Here’s what analysts think:

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