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Fly News Breaks for June 22, 2016
FDX
Jun 22, 2016 | 07:15 EDT
UBS said FedEx remains attractive amid the broader weakness in the transport sector following the company's better than expected Q4 earnings. The firm noted 2017 guidance was solid but below expectations, as they see ground margins as a headwind. UBS maintained its Buy rating and $187 price target on FedEx shares.
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