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Fly News Breaks for March 22, 2017
FDX
Mar 22, 2017 | 09:01 EDT
Cowen analyst Helane Becker noted FedEx reported disappointing Q3 results but she believes this is the last difficult comparison and that results should begin to get better. She expects significant year-over-year improvement, as well as sequential improvement, and would use any weakness as a buying opportunity. Becker reiterated her Outperform rating and $240 price target on FedEx shares.
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