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Fly News Breaks for March 21, 2018
FDX
Mar 21, 2018 | 06:10 EDT
Stifel analyst David Ross upgraded FedEx to Buy and raised his price target for the shares to $295 from $284. The analyst likes the company's "general earnings trajectory" following yesterday's Q3 results. He thinks the stock moves up from current levels along with FedEx's growth.
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.