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Fly News Breaks for June 14, 2018
FDX
Jun 14, 2018 | 07:18 EDT
Oppenheimer analyst Scott Schneeberger raised his price target for FedEx to $288 from $282 as he anticipates continued double-digit revenue growth in Q4 on strong business conditions across the company's Express, Ground and Freight segments. The analyst is confident the company achieves overall Q4 margin expansion year over year. He reiterates an Outperform rating on the shares.