** Parcel delivery firm FedEx FDX.N cut its annual profit and revenue forecasts on Thursday due to weak demand and uncertainty in the U.S. industrial economy amid tariffs imposed by President Donald Trump

** Company's shares fall ~8.2% to $226 premarket; down 12.4% YTD vs ~8% drop in Dow Jones Transport Average .DJT

PARCEL DELIVERY FACES RISK

** J.P.Morgan ("overweight", PT: $280) says commentary on share gains in Europe and domestic parcel is an "incrementally negative sign" for rival United Parcel Service UPS.N amid its network re-alignment

** JPM sees FDX underperforming peers and impacting sector due to missed expectations and lowered forecast, with no economic improvement expected in the first half of FY26

** Morgan Stanley ("underweight", PT: $200) sees company's reduced fiscal year forecast and Q3 results exacerbating concerns about structural pressures in parcel delivery market, which may overwhelm the benefits of DRIVE cost-cutting program

** BofA Global Research ("buy", PO: $272) says it is concerned about company's reduced financial targets due to economic uncertainty and inflation; notes company's progress in cost savings and operational efficiencies

** UBS ("buy", PT: $331) says company's cost-saving measures and disciplined execution will be key drivers for its performance

(Reporting by Rashika Singh in Bengaluru)

((rashika.singh@thomsonreuters.com))