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FDX

FedEx

$251.99

2.38 (0.95%)

17:24
03/20/18
03/20
17:24
03/20/18
17:24

FedEx says revenue growth driven by international business

Says TNT acquisition was the most important in the company's history. Says TNT integration is accelerating. Says freight segment is having its best run in a decade.

  • 20

    Mar

  • 20

    Mar

FDX FedEx
$251.99

2.38 (0.95%)

02/23/18
02/23/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. FedEx (FDX) upgraded to Outperform from Market Perform at Bernstein with analyst David Vernon saying he expects revenue and earnings growth to be driven by a strengthening global economy and rising interest rates, the tightening domestic transportation market and demand for B2C delivery. 2. BT Group (BT) upgraded to Buy from Hold at Berenberg. 3. Financial Engines (FNGN) upgraded to Outperform from Market Perform at William Blair with analyst Robert Napoli citing the company's "strong" quarter. 4. Lennar (LEN) upgraded to Outperform from In Line at Evercore ISI. 5. Devon Energy (DVN) upgraded to Buy from Hold at KLR Group with analyst John Gerdes noting that the stock is down over 30% and has significantly underperformed the sector since late January, when he had previously downgraded it. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/28/18
WELS
02/28/18
NO CHANGE
WELS
Amazon delivery pilot program not incremental development, says Wells Fargo
Wells Fargo analyst Matthew Troy notes that Amazon (AMZN) announced the launching of a pilot program to pick-up and deliver packages in Los Angeles. The analyst does not view Shipping with Amazon as an incremental development in the e-Commerce giant's strategy or a change in the competitive risk dynamic for either UPS (UPS) or FedEx (FDX). Troy highlights that Amazon already offers a similar service in London, and is already delivering packages in nearly 40 U.S. cities. He still believes it would cost Amazon between $50B-$100B to build out a global network with sufficient reach and scale to compete directly with FedEx and UPS.
03/13/18
SBSH
03/13/18
NO CHANGE
Target $304
SBSH
Buy
FedEx stock 'lull' brings buying opportunity, says Citi
Citi analyst Christian Wetherbee believes the "lull" in FedEx shares presents a buying opportunity ahead of June. The analyst, however, lowered his Q3 earnings per share estimate to $3.10 from $3.30 to reflect "some challenging" January weather. FedEx will provide two positive messages in June, Wetherbee tells investors in a research note. The first being Ground capex declining and the second will be above consensus fiscal 2019 guidance, the analyst contends. He sees "material upside potential" in FedEx shares and keeps a Buy rating on the name with a $304 price target.
03/16/18
OPCO
03/16/18
NO CHANGE
Target $274
OPCO
Outperform
FedEx price target raised to $274 at Oppenheimer ahead of Q3 earnings report
Oppenheimer analyst Scott Schneeberger raised his price target on FedEx to $274 from $265 and reiterated his Outperform rating on shares ahead of the company's Q3 earnings release on March 20. In a research note to investors, the analyst said FedEx appears to have executed well during 2017's peak season, delivering "strong" service levels as it seemingly achieved its operational and financial goals. Schneeberger anticipates continued segment margin expansion in Ground, and noted that the business environment for Express and Freight has been "favorable" considering strong international air freight and Less Than Truckload market conditions. The analyst also said he is "incrementally conservative" on FedEx's overall operating environment and execution.

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VIAB

Viacom

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-0.28 (-1.01%)

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Viacom

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0.14 (0.42%)

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Viacom

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T

AT&T

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GPC

Genuine Parts

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HGV

Hilton Grand Vacations

$31.52

-0.38 (-1.19%)

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GLPI

Gaming and Leisure Properties

$36.94

0.06 (0.16%)

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AZO

AutoZone

$979.25

4.31 (0.44%)

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CZR

Caesars

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0.06 (0.71%)

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BA

Boeing

$373.87

1.77 (0.48%)

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Voice recorder from Lion Air flight shows pilots' search for fix, Reuters says »

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AGS

PlayAGS

$25.51

-0.14 (-0.55%)

07:38
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DFFN

Diffusion Pharmaceuticals

07:38
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AAP

Advance Auto Parts

$163.44

1.89 (1.17%)

07:38
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WMT

Walmart

$99.89

0.22 (0.22%)

07:37
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07:37
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  • 16

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WORX

SCWorx

$7.47

-0.23 (-2.99%)

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LGND

Ligand

$124.16

-0.45 (-0.36%)

, SAGE

Sage Therapeutics

$156.08

-0.89 (-0.57%)

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LGND

Ligand

$124.16

-0.45 (-0.36%)

SAGE

Sage Therapeutics

$156.08

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  • 22

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PAVM

PAVmed

$1.05

(0.00%)

07:36
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TGT

Target

$78.47

0.61 (0.78%)

07:35
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AGYS

Agilysys

$20.38

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AMZN

Amazon.com

$1,762.45

20.45 (1.17%)

, BHC

Bausch Health

$26.29

1.745 (7.11%)

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AMZN

Amazon.com

$1,762.45

20.45 (1.17%)

BHC

Bausch Health

$26.29

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DWDP

DowDuPont

$55.10

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DAL

Delta Air Lines

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0.22 (0.43%)

NKE

Nike

$87.74

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S

Sprint

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RCII

Rent-A-Center

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GIS

General Mills

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YUM

Yum! Brands

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TSG

The Stars Group

$16.95

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General news
Treasury Market Outlook: Treasury yields are a tad richer ahead of the FOMC »

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GOOG

Alphabet

$1,199.71

16.05 (1.36%)

, GOOGL

Alphabet Class A

$1,203.13

15.04 (1.27%)

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GOOG

Alphabet

$1,199.71

16.05 (1.36%)

GOOGL

Alphabet Class A

$1,203.13

15.04 (1.27%)

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TROX

Tronox

$12.70

0.61 (5.05%)

07:34
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QRTEA

Qurate Retail

$17.02

-0.27 (-1.56%)

07:33
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WEN

Wendy's

$16.57

-0.16 (-0.96%)

07:33
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Downgrade
Wendy's rating change  »

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SAIC

SAIC

$72.99

-0.49 (-0.67%)

, RTN

Raytheon

$180.21

-0.02 (-0.01%)

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SAIC announces elimination of COO role »

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SAIC

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RTN

Raytheon

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BTU

Peabody Energy

$29.99

0.1 (0.33%)

07:33
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Peabody Energy initiated  »

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