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Fly News Breaks for April 4, 2016
EXPD
Apr 4, 2016 | 08:17 EDT
Stephens analyst Jack Atkins downgraded Expeditors to Equal Weight from Overweight and lowered his price target on the shares to $50 from $60 citing the difficult operating conditions in global airfreight and ocean freight markets and expectations for capacity growth to continue to outpace demand for the rest of 2016.
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