FedEx Corp. has revised its earnings per share (EPS) guidance for fiscal year 2025 to a range of $18 to $18.60, down from the previous projection of $19 to $20. The adjustment reflects demand uncertainty and inflationary pressures. The company is also reshaping its fleet to address future operational needs. Jefferies has upgraded FedEx's stock rating to 'Buy' from 'Hold,' while lowering the price target to $275 from $300. The firm emphasized FedEx's cost transformation initiatives and potential EPS growth in fiscal years 2026 and 2027. FedEx's stock has traded within a 52-week range of $217.22 to $313.84. Lockheed Martin Corp. has been downgraded by both Bank of America and Melius to 'Neutral' and 'Hold,' respectively. Bank of America reduced its price target to $485 from $685, while Melius set a target of $483 from $603. The downgrades were driven by the loss of the sixth-generation fighter jet contract, a shift in European reliance, and concerns over the company's recent quality of earnings and lack of catalysts.