FedEx upgraded to Strong Buy from Outperform at Raymond James Raymond James upgraded FedEx due to its aggressive cost improvement plan that is on track and resulting earnings power. Price target raised to $190 from $124.
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