FedEx (FDX) Misses Q3 EPS by 8c, Offers Guidance

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FedEx (FDX) PT Lowered to $215 at BMO Capital

March 20, 2019 7:21 AM EDT

BMO Capital analyst Fadi Chamoun lowered the price target on FedEx (NYSE: FDX) to $215.00 (from $245.00) while maintaining a Outperform rating following results.

disappointing Q3/F19 results and lowered F2019 EPS outlook by roughly 3.5%believe ongoing investments in automation and network infrastructure... More