Atlantic Securities Initiated Coverage on UPS (UPS) and FedEx (FDX)
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Price: $101.96 -0.6%
Rating Summary:
18 Buy, 21 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
18 Buy, 21 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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This morning, Atlantic Securities initiated coverage on UPS (NYSE: UPS) and FedEx (NYSE: FDX).
The firm prefers UPS, starting coverage on the company at 'Overweight' and a $98 price target. Currently, shares are trading at $77.69, up $0.53 (+0.69%).
FedEx (NYSE: FDX) was initiated at Neutral' with a $107 price target. The stock is currently at $91.19, down $0.60 (-0.65%).
Both companies have been in the news lately, with talks that UPS may be in a deal to acquire TNT Express. Although, the most recent report stated that deal talks may have been stalled. To see more on the potential deal, Click Here
The firm prefers UPS, starting coverage on the company at 'Overweight' and a $98 price target. Currently, shares are trading at $77.69, up $0.53 (+0.69%).
FedEx (NYSE: FDX) was initiated at Neutral' with a $107 price target. The stock is currently at $91.19, down $0.60 (-0.65%).
Both companies have been in the news lately, with talks that UPS may be in a deal to acquire TNT Express. Although, the most recent report stated that deal talks may have been stalled. To see more on the potential deal, Click Here
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