FedEx (FDX) Declares $0.65 Quarterly Dividend; 1.9% Yield

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FedEx (FDX) PT Raised to $147 from $104 at Daiwa Securities Ahead of Earnings

June 11, 2020 7:15 AM EDT

Daiwa Securities analyst Jairam Nathan raised the price target on FedEx (NYSE: FDX) to $147.00 (from $104.00) while maintaining a Neutral (3) rating ahead of FedExs earnings results scheduled for June 30th. However, he also cut EPS estimates for FY20 and FY21 to $8.60 and $10.50 from $9.60 and $10.90.... More