Goldman Sachs Resumes Expeditors Int'l (EXPD) at Sell

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Goldman Sachs resumes coverage on Expeditors Int'l (NASDAQ: EXPD) with a Sell. PT $35.00.

The firm comments, "Expeditors Int'l (EXPD) is a well-run business in a highly fragmented and competitive industry, but trade growth is slowing cyclically and we expect this to negatively impact top- line growth, resulting in earnings disappointment. We do not see this discounted at current valuations."

For an analyst ratings summary and ratings history on Expeditors Int'l click here. For more ratings news on Expeditors Int'l click here.

Shares of Expeditors Int'l closed at $36.91 yesterday, with a 52 week range of $36.62-$51.73.

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