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Fly News Breaks for March 4, 2020
Mar 4, 2020 | 07:18 EDT
Credit Suisse analyst Allison Landry lowered the firm's price target on FedEx to $159 from $170 and keeps an Outperform rating on the shares. The analyst believes that fiscal year 2020 guide is likely to miss current low end of $10.25 on COVID-19.
News For FDX From the Last 2 Days
Oct 19, 2020 | 08:13 EDT
FedEx (FDX) and UPS (UPS) have told some of their largest shippers that most of their holiday capacity is already spoken for, according to The Wall Street Journal's Paul Ziobro. The shipping crunch has sent retailers on a difficult search for alternatives, with companies like DHL and LaserShip already seeing holiday shipping availability booked months in advance. "There will be days within the holiday season where the industry will be over capacity," FedEx Chief Marketing Officer Brie Carere said in an interview. Reference Link