In a report published Thursday, Morgan Stanley analyst William J. Greene reiterated an Equal-Weight rating on FedEx Corporation FDX, and named a $155.00 price target.
In the report, Morgan Stanley noted, “Consistent with our preview, F1Q15 results beat cons. expectations. While overall results were solid, Express results were arguably in line. We remain toward the lower end of mgmt's FY15 EPS guidance range as we'd like to see more evidence of cost cutting before raising our estimates further.”
FedEx Corporation closed on Wednesday at $159.71.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in