FedEx (FDX) PT Raised to $275 at Wolfe Research

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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