UPDATE: FedEx (FDX) Raises Quarterly Dividend 25% to $0.50; 1% Yield

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FedEx (FDX) PT Raised to $216 at Stifel Following AirCargo 2017 Conference; 'Near-Term Picture Looking Good'

June 12, 2017 7:15 AM EDT

Stifel raised its price target on FedEx (NYSE: FDX) to $216.00 (from $194.00) while maintaining a Hold rating, following the AirCargo 2017 Conference in Orlando last week.

Analyst David Ross notes a positive outlook following the AirCargo 2017 Conference in Orlando, suggesting airfreight remains healthy, while... More