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.
HSBC raised the price target on The Coca-Cola Company (NYSE: KO) from $72 to $76. HSBC analyst Carlos Laboy maintained a Buy rating on the stock. Coca-Cola shares rose 0.3% to $61.34 in pre-market trading.
CVS Health® (NYSE:CVS) and Signify Health (NYSE:SGFY) ("Signify") have entered into a definitive agreement under which CVS Health will acquire Signify Health for $30.50 per share in cash,