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Fly News Breaks for September 21, 2016
FDX
Sep 21, 2016 | 07:25 EDT
After FedEx reported higher than expected EPS and raised its full-year EPS guidance, Stifel analyst David Ross says that the company is still benefiting from the growth of e-commerce. He expects the stock's multiple to rise and he thinks that the company's commentary on TNT reduces an overhang on the stock. He keeps a Buy rating on the shares.
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