The adjustment in price target by B of A Securities reflects a slight modification in their valuation assessment of FedEx, likely due to updated financial analysis or market conditions. However, maintaining a Buy rating indicates a continued positive outlook on the company's performance. The reduction in price target is relatively minor, suggesting that the overall investment thesis remains strong but slightly adjusted for new data. This could lead to a neutral short-term impact on the stock as investors digest the implications of the new price target against the backdrop of a sustained Buy recommendation.