BMO Capital analyst Fadi Chamoun kept his Outperform rating and $300 price target on FedEx following the company's "messy" Q3 results. Chamoun notes that above-consensus revenues reflected strong demand and pricing growth was at its highest levels in years, even as EBIT of $1.1B was below the expected $1.3B on weaker than expected results in the Express segment. The analyst is also positive on the company's progress in Ground operating margins and stable capital expenditures supporting higher free cash flows. Chamoun raises his FY18 EPS view to $15.24 from $14.04 and revenue outlook to $65.3B from $64.5B.