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Enter Symbol:
 
Fedex Corporation (FDX) [hlAlert]

Rating:
Overweight
FDX
up 16.46 %

Fedex Corporation (FDX) upgraded to Overweight by JP Morgan

Posted on: Tuesday,  Oct 22, 2013  9:25 AM ET by JP Morgan

JP Morgan rated Overweight Fedex Corporation (NYSE: FDX) on 10/22/2013, when the stock price was $131.40. Since
then, Fedex Corporation has gained 16.47% as of 01/20/2016's recent price of $153.04.
If you would have followed this JP Morgan's recommendation on FDX, you would have gained 16.46% of your investment in 820 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2013 9:25 AM Buy
None
131.40
as of 12/13/2013
1 Week down  -1.06 %
1 Month up  1.92 %
3 Months up  4.94 %
1 YTD up  11.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/20/2013 8:25 AM Hold
None
97.35
6/23/2009 8:25 AM Buy
None
51.14
1/2/2008 10:42 AM Hold
None
86.65

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