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Stock Market & Financial Investment News

News Breaks
October 12, 2012
07:39 EDTFDXFedEx price target raised to $105 from $102 at RW Baird
Baird raised its price target on FedEx following investor meetings. The firm cited operational cost savings, improvement in cash flow, and a focus on improving its dividend yield. Shares are Outperform rated.
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May 15, 2013
08:02 EDTFDXFedEx should be bought on pullbacks, says RW Baird
Baird lowered its estimates on FedEx to reflect below consensus Q4 results and guidance. The firm cited continued international airfreight weakness but sees stabilizing signs. Baird remains constructive on the shares citing low investor sentiment and potential for margin improvements. Shares are Outperform rated with a $112 price target.
07:31 EDTFDXFedEx news should improve investor sentiment, says Oppenheimer
After FedEx announced that it anticipates delivering $1.65B of annualized profitability improvement by FY16, Oppenheimer believes that this news, along with a capacity cut and the company's recent win of a major Post Office contract, will improve investor sentiment towards the stock. The firm reiterates an Outperform rating on the shares.
May 14, 2013
07:23 EDTFDXOppenheimer to host a summit
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