COVID-19 delivery surge strains FedEx service, opening doors for UPS
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FedEx (FDX) PT Raised to $167 at Cowen Following 4Q
July 1, 2020 9:16 AM EDTCowen analyst Helane Becker raised the price target on FedEx (NYSE: FDX) to $167.00 (from $156.00) while maintaining an Outperform rating following the company's 4Q earnings report. FedEx reported a strong 4QFY20 on better than expected margin performance at Ground. The company is benefiting from ongoing... More
FedEx (FDX) PT Raised to $162 at Baird Following 4Q
July 1, 2020 8:43 AM EDTBaird analyst Benjamin Hartford raised the price target on FedEx (NYSE: FDX) to $162.00 (from $140.00) while maintaining a Outperform rating following the company's 4Q earnings report. Adjusted EPS of $2.53 was above $1.58 consensus estimates. The upside was helped by both Ground and Express segment... More
