FedEx (FDX) Tops Q3 EPS by 16c; Boosts FY16 EPS Outlook Midpoint
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Go back to FedEx (FDX) Tops Q3 EPS by 16c; Boosts FY16 EPS Outlook Midpoint
March 17, 2016 9:47 AM EDT
Standpoint Research downgraded FedEx (NYSE: FDX) from Buy to Hold.
For an analyst ratings summary and ratings history on FedEx click here. For more ratings news on FedEx click here.
Shares of FedEx closed at $144.27 yesterday.
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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
March 17, 2016 7:43 AM EDT
FedEx (Nasdaq: FDX) reported Q1 results on Wednesday night, with EPS and revenue topping results. The company also boosted the midpoint of its EPS outlook for fiscal 2016. However, there has been some chatter about Amazon.com (Nasdaq: AMZN) building up its own logistic fleet, which could hamper the operations of FedEx and peers like UPS (NYSE:... More
