Information Provided By:
Fly News Breaks for March 22, 2017
FDX
Mar 22, 2017 | 07:43 EDT
Oppenheimer analyst Scott Schneeberger raised his price target for FedEx to $218 from $214 on an increased 2018E adjusted EPS. The analyst anticipates reaction to Q3 underperformance will be superseded by a favorable response to forward drivers. He reiterates an Outperform rating on the shares.
News For FDX From the Last 2 Days
FDX
Mar 26, 2024 | 20:34 EDT
Barclays analyst Brendan Lynch initiated coverage of Plymouth Industrial REIT (PLYM) with an Equal Weight rating and $22 price target. FedEx (FDX) is the REIT's second-largest tenant, and a July 2024 lease expiration for 770K sqf facility in St. Louis creates uncertainty, the analyst tells investors in a research note. The lease renewal appears to be dependent on FedEx separately renewing its dedicated service agreement with a company in an adjacent building, the firm added.