Information Provided By:
Fly News Breaks for March 10, 2015
FDX
Mar 10, 2015 | 07:58 EDT
UBS said the multi-year earnings story at FedEx supports its valuation and believes the favorable growth story remains intact. The firm said the recent Q3 boost from fuel prices will now be a headwind in Q4 due to a sharp decline in fuel surcharge revenue, however its improvements at Express will be a key driver for the shares. UBS reiterated its Buy rating and $190 price target on FedEx shares.
News For FDX From the Last 2 Days
FDX
I agree to the thefly.com's disclaimer & terms of use
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.