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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
FedEx (FDX) PT Raised to $194 at Stifel Following 3Q EPS Miss
March 22, 2017 9:33 AM EDTStifel raised its price target on FedEx (NYSE: FDX) to $194.00 (from $189.00) while maintaining a Hold rating.
Analyst David Ross commented, "FedEx reported F3Q17 EPS of $2.35, short of our $2.56 estimate and the Street consensus estimate of $2.62. The company cited a significant... More
FedEx (FDX) PT Raised to $218 at Oppenheimer Following 3Q
March 22, 2017 9:17 AM EDTOppenheimer raised its price target on FedEx (NYSE: FDX) to $218.00 (from $214.00) while maintaining a Outperform rating. FedEx maintained FY17 adjusted EPS guidance of $11.85-12.35.
Analyst Scott Schneeberger commented, "F3Q17 (February-ending) adj'd EPS of $2.35 (-6% y/y) was below our estimate/ consensus of $2.55/$2.62,... More
FedEx (FDX) PT Raised to $214 at Oppenheimer; Reiterates Outperform
March 20, 2017 8:55 AM EDTOppenheimer raised its price target on FedEx (NYSE: FDX) to $214.00 (from $210.00) while maintaining a Outperform rating. FDX is scheduled to report 3Q results on 3/21. A primary F3Q17 investor focus will be Ground margin.
Analyst Scott Schneeberger commented, "With investors likely most focused on peak... More
