Argus analyst John Eade kept his Buy rating and $290 price target on FedEd after its Q4 earnings beat, saying the company could post more positive than negative surprises in the comping quarters. Eade notes that despite the 3.6% advance in the most recent quarter, FedEx stock is still nearly 9% off its all-time highs, trading near its range-low valuation. The analyst also expects the management to produce double-digit earnings growth in FY19-FY20 based on his assumptions of high-single digit revenue growth, margin improvement, and share buybacks.