Moody's Cuts Long-Term Ratings on FedEx (FDX) to 'Baa2'; Outlook Stable

Go back to Moody's Cuts Long-Term Ratings on FedEx (FDX) to 'Baa2'; Outlook Stable

UBS Raises Price Target on FedEx (FDX) Following a Strong 3Q Beat

March 17, 2016 8:52 AM EDT

UBS reiterated a Buy rating on FedEx (NYSE: FDX), and raised the price target to $186.00 (from $169.00), following the company's 3Q earnings report. FDX reported an upside for 3Q adjusted EPS of $2.51, which was well above the consensus estimate of $2.35. FDX raised the... More