- FedEx (FDX +2.1%), UPS (UPS +1.6%), and Deutsche Post ADRs (OTCPK:DPSGY +1.9%) are all ahead of market averages today with oil prices in decline again.
- Oppenheimer also made some positive comments on pricing in the sector as it backed an Outperform rating on FedEx.
- The price target on FDX from Oppy sits at $200.
- UPS has had a tougher time this year than FDX with shares -10% YTD as operational complexities have kept profit expectations reined in. Across the pond, Deutsche Post is -3.5% YTD.
Package delivery stocks put in gains
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Symbol | Last Price | % Chg |
---|---|---|
FDX | - | - |
FedEx Corporation |