Strong package volume, global economy boost FedEx profit
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FedEx (FDX) PT Raised to $306 at Stephens on 2Q Beat; 'Expect Profitability in Express to Improve Meaningfully in 2H18'
December 20, 2017 6:26 AM ESTStephens raised its price target on FedEx (NYSE: FDX) to $306.00 (from $240.00) while maintaining a Overweight rating, following the company's second quarter earnings report.
Analyst Jack Atkins notes a positive outlook on the shares highlighted by Express, despite the TNT cyber-attack headwind, as the... More
FedEx (FDX) PT Raised to $280 at Citi on 2Q Beat; 'Express Tailwinds Persist, Putting F19 on Glide Path Higher'
December 20, 2017 6:08 AM ESTCiti raised its price target on FedEx (NYSE: FDX) to $280.00 (from $275.00) while maintaining a Buy rating, following the company's second quarter earnings report.
Analyst Christian Wetherbee notes a positive outlook on the shares highlighted by Express, as the company reported second quarter... More
FedEx (FDX) PT Raised to $293 at BofA/Merrill Lynch on 2Q Beat; 'Raises Outlook on Strong Volumes, Yields... Upside on Taxes'
December 20, 2017 6:05 AM ESTBofA/Merrill Lynch raised its price target on FedEx (NYSE: FDX) to $293.00 (from $247.00) while maintaining a Buy rating, following the company's second quarter earnings report.
Analyst Ken Hoexter notes a positive outlook on the shares, as the company reported second quarter earnings per... More
