Barclays Maintains an 'Overweight' on FedEx (FDX); Cutting Estimates After Lowered Outlook
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Goldman Sachs Maintains a 'Buy' on FedEx (FDX); Expected The Reduction
September 5, 2012 10:32 AM EDTGoldman Sachs maintains a 'Buy' on FedEx (NYSE: FDX) price target of $101.00.
Analyst, Tom Kim, said, "FDX announced that it expects its FY1Q13 EPS to be in a range of $1.37-$1.43, reduced from a range of $1.45-$1.60 previously. FDXs updated guidance reflects... More
UBS Maintains a 'Buy' on FedEx (FDX); Cutting Estimates on Guide Down
September 5, 2012 10:01 AM EDTUBS maintains a 'Buy' on FedEx (NYSE: FDX) price target of $110.00 (from $117.00).
Analyst, Kevin Crissey, said, "FedEx announced that its previous EPS guidance of $1.45 to $1.60 for the quarter was too high after re-assessing FedEx Express revenue growth. Mgmt identified weakness in the... More
Pre-Open Movers 9/5: (PSTI) (GWRE) (SWY) Higher; (STM) (TGP) (FDX) Lower (more...)
September 5, 2012 9:29 AM EDTPluristem Therapeutics, Inc. (NASDAQ: PSTI) 11% HIGHER ; Third Critically Ill Patient Successfully Treated With Pluristem's PLX Cells Under Compassionate Use
Guidewire Software (NYSE: GWRE) 11% HIGHER ; post better-than-expected... More
Wells Fargo Downgrades FedEx (FDX) to Market Perform After Warning
September 5, 2012 7:57 AM EDTWells Fargo downgraded FedEx (NYSE: FDX) from Outperform to Market Perform and lowered their valuation range from $100.00 to $104.00 to $89.00 to $93.00, following last night's first quarter warning.
The firm lowered... More
Jefferies Maintains a 'Hold' on FedEx (FDX); Cutting Numbers on Lowered Guidance
September 5, 2012 7:16 AM EDTJefferies maintains a 'Hold' on FedEx (NYSE: FDX) price target of $98.00 (from $103.00).
Analyst, Peter Nesvold, said, "Last night, FDX guided down F1Q:13 by $0.16 (or 10%) at the midpoint of the new guidance range below consensus on softer than expected revenue... More
FedEx Corp. (FDX) Guides Lower for Q1
September 4, 2012 5:20 PM EDTFedEx Corp. (NYSE: FDX) announced that earnings for the first quarter ended August 31, 2012 are expected to be in the range of $1.37 to $1.43 per diluted share, compared to $1.46 per diluted share last year. The companys original first quarter forecast was for earnings of $1.45 to $1.60 per diluted... More
