FedEx price target raised to $108 from $99 at Citigroup Citigroup expects FedEx's profitability improvement plan to drive consensus estimates higher and multiple expansion. The firm raised its price target for shares following the company's investor meeting and keeps a Buy rating on FedEx.
News For FDX From The Last 14 Days
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NTSB launches go-team to investigate bus and truck collision in California In response to the bus crash involving a FedEx truck last week, the NTSB issued the following press release on its website on Friday: The National Transportation Safety Board has launched a go-team to investigate a crash involving a truck that crossed over the center median of Interstate 5 and collided with a motor coach in Orland, California. Highway Safety Investigator Robert Accetta will serve as the investigator-in-charge, leading a multi-disciplinary team of NTSB personnel. NTSB Board Member Mark Rosekind is accompanying the team and will serve as the principal spokesperson during the on-scene phase of the investigation. Reference Link