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Fly News Breaks for June 20, 2018
FDX
Jun 20, 2018 | 08:32 EDT
Stephens analyst Jack Atkins believes FedEx's initial FY19 EPS guidance was in-line with or slightly ahead of buy-side expectations and that the "decks are now cleared" to focus on the significant earnings potential he sees in the business. Atkins, who believes FedEx has earnings power of over $20 per share in FY20, keeps an Overweight rating and $306 price target on the stock.
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