Shipping Rates to Increase for FedEx Express, FedEx Ground and FedEx Freight Services
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FedEx (FDX) PT Raised to $221 at Stifel Following 1Q Report
September 20, 2017 7:18 AM EDTStifel raised its price target on FedEx (NYSE: FDX) to $221.00 (from $216.00) while maintaining a Hold rating following the company's 1Q earnings report. FDX reported EPS of $2.19, vs the Street consensus of $3.09. Management lowered guidance from $13.20-$14.00 to $12.00- $12.80, almost entirely due to... More
