Market Overview

UPDATE: Dahlman Rose Reiterates Buy Rating, Raises PT on FedEx Corporation on Continued Improvement

Related FDX
Stocks Hitting 52-Week Highs
Morningstar Analyst On Rumor Of Ackman Investment In UPS: 'We Don't Think There's Much Room To Improve Results Dramatically'
Making Money With Charles Payne: 11/24/14 (Fox Business)

In a report published Friday, Dahlman Rose reiterated its Buy rating on FedEx Corporation (NYSE: FDX), and raised its price target from $98.00 to $117.00.

Dahlman Rose noted, “We are raising our price target to $117, from $98 and reiterating our Buy rating after discussions with management. We believe the company will continue to see earnings growth as they restructure the Express segment. Due to limited CAPEX in the coming years, FedEx will look to return capital to shareholders.”

FedEx Corporation closed on Thursday at $106.98.

Latest Ratings for FDX

DateFirmActionFromTo
Sep 2014CitigroupMaintainsBuy
Sep 2014Cowen & CompanyUpgradesMarket PerformOutperform
Sep 2014CitigroupMaintainsBuy

View More Analyst Ratings for FDX
View the Latest Analyst Ratings

Posted-In: Dahlman RoseAnalyst Color Price Target Analyst Ratings

 

Related Articles (FDX)

Around the Web, We're Loving...

Get Benzinga's Newsletters