S&P, Nasdaq close higher on vaccine hopes, improving data
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- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Exclusive-Silver Lake in talks to buy Workday, sources say
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Citi agrees to acquire rewards platform Kard Financial
- Burry doubles down on Nebius short after stock surges 34% on earnings
- Total darkness, then sunset as full eclipse wows spectators in Spain
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
