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Fly News Breaks for November 28, 2016
CP, JBHT, FDX, SWFT, NSC
Nov 28, 2016 | 08:24 EDT
UBS analyst Thomas Wadewitz said the possible impact to cash flow and earnings from potential U.S. tax reform would be big for U.S. rails, TL names, and JB Hunt (JBHT). Free cash flow would also improve for UPS (UPS) and FedEx (FDX). The analyst believes the anticipation of potential tax reform is likely to support strong valuation for the group. Wadewitz said his favorite names in the space include Norfolk Southern (NSC), Swift Transport (SWFT), FedEx, and Canadian Pacific (CP).
News For NSC;SWFT;FDX;JBHT;CP From the Last 2 Days
NSC, CP
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CP
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