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Fedex Corporation (FDX) [hlAlert]

Rating:
Neutral FDX
up 28.34 %

Fedex Corporation (FDX) downgraded to Neutral by Goldman

Posted on: Thursday,  Sep 19, 2013  8:25 AM ET by Goldman

Goldman rated Neutral Fedex Corporation (NYSE: FDX) on 09/19/2013. Previously Goldman rated Buy Fedex Corporation (NYSE: FDX) on 07/12/2012., when
the stock price was $89.73. Since then, Fedex Corporation has gained 28.34% as of 09/19/2013's recent price of $115.16.
If you would have followed the previous Goldman's recommendation on FDX, you would have gained 28.34% of your investment in 434 days.

FedEx Corporation (FedEx) is a holding company. The Company provides a portfolio of transportation, e-commerce and business services through companies that compete collectively, operate independently and manage collaboratively, under the respected FedEx brand. These companies are included in four business segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. Federal Express Corporation (FedEx Express) is the express transportation company, offering time-certain delivery within one to three business days. FedEx Ground provides day-certain service to every business address in the United States and Canada, as well as residential delivery through FedEx Home Delivery. Effective June 1, 2009, Caribbean Transportation Services, Inc. (CTS), a provider of airfreight forwarding services between the United States and Puerto Rico, the Dominican Republic, Costa Rica and the Caribbean Islands, was merged with and into FedEx Express.

Goldman
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/19/2013 8:25 AM Hold
None
115.16
as of 12/13/2013
1 Week   
1 Month   
3 Months up  7.38 %
1 YTD up  25.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/12/2012 8:25 AM Buy
None
89.73

(*) Stock Price at the time of the recommendation.
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