FedEx (FDX) Misses Q1 EPS by 36c, Lifts FY EPS Guidance
- Wall St lackluster ahead of Easter break, eyes sharp Q1 gains
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- Discover Financial Services (DFS) Announces CEO Resignation
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Timken (TKR) Appoints Tarak Mehta as New CEO
FedEx (FDX) PT Lowered to $307 at Credit Suisse
September 18, 2018 8:49 AM EDTCredit Suisse analyst, Allison Landry, lowered the price target on FedEx (NYSE: FDX) to $307.00 (from $315.00) while maintaining a Outperform rating following the company's 1Q miss.
Credit Suisse raised FY19 EPS estimate to $17.35 from $17.32; as lower EBIT (-$0.42) was offset by higher net interest... More