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Fly News Breaks for January 7, 2016
EXPD
Jan 7, 2016 | 05:57 EDT
UBS analyst Thomas Wadewitz downgraded Expeditors International of Washington to Sell saying a "sharp deceleration" in the company's 2016 earnings growth is likely to pressure the stock's multiple. Expeditors was the only transport stock in the analyst's coverage universe that was up in 2015. He lowered his price target for the shares to $42.50 from $52.
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