From Earlier: Citi Reiterates FedEx Buy - FedEx (NYSE:FDX)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Citi reiterated its FedEx (NYSE: FDX) Buy rating in a research report published today. Citi has a $100 price target on the company.In the report, Citi stated, "We are encouraged by FedEx's move to take more of a leadership position in LTL, particularly as Freight's results have been challenged over the last several years, as the segment has posted operating losses in eight of the last twelve quarters reported (F4Q09 – F3Q12)."Shares of FedEx were trading at $87.34 at the time of posting, up 1.44% from Thursday's market close.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!