FedEx (FDX) PT Raised to $270 at Baird

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UPDATE: Bullish Options Activity in FedEx (FDX) Targets Upside Despite High Labor Costs & Amazon (AMZN) Last-Mile Competition Concerns -Susquehanna

September 20, 2018 1:50 PM EDT

(Updated - September 20, 2018 1:51 PM EDT)

Susquehanna options strategist Alison Edwards notes bullish options activity in FedEx (NYSE: FDX), as an opening investor bought 5k Oct 250/260 call spreads for $2.40, untied. This investor opens upside exposure (capped at $260), breaking even on a ~3% rally in... More

FedEx (FDX) PT Lowered to $307 at Credit Suisse

September 18, 2018 8:49 AM EDT

Credit 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