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Fly News Breaks for October 6, 2015
FDX
Oct 6, 2015 | 07:08 EDT
As noted earlier, Stifel upgraded FedEx to Buy from Hold. The firm thinks that the company's internal initiatives will enable its profits to increase significantly even in the midst of slow global economic growth. Stifel sees the stock's valuation as attractive even though it expects the company's results to come in below expectations. Target $172.
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