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FedEx (FDX) PT Raised to $162 at Baird Following 4Q

July 1, 2020 8:43 AM EDT

Baird analyst Benjamin Hartford raised the price target on FedEx (NYSE: FDX) to $162.00 (from $140.00) while maintaining a Outperform rating following the company's 4Q earnings report. Adjusted EPS of $2.53 was above $1.58 consensus estimates. The upside was helped by both Ground and Express segment... More