Rosy projection on FedEx from Deutsche Bank


Deutsche Bank raises its price target on FedEx (FDX +1.6%) all the way up to $183 from $135 on its outlook for a FQ2 breakout.

Factors working in the favor of the company include cost-cutting measures which should start kicking in over the next year and incremental volume gains in global markets.

The lush PT from the investment firm incorporates a multiple off of the 2015 EPS estimate.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs