WS #15335
Multiple analyst firms, led by JPMorgan and TD Cowen, have lowered price targets for major logistics players including FedEx, CSX, and JB Hunt. The downgrades reflect concerns over weakening freight volumes and margin compression. This sector-specific weakness contrasts with the broader tech rally, highlighting the divergent impact of the macro environment on cyclical versus growth sectors.
Logistics Sector Downgrades
Multiple analyst firms, led by JPMorgan and TD Cowen, have lowered price targets for major logistics players including FedEx, CSX, and JB Hunt. The downgrades reflect concerns over weakening freight volumes and margin compression. This sector-specific weakness contrasts with the broader tech rally, highlighting the divergent impact of the macro environment on cyclical versus growth sectors.