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Enter Symbol:
 
Fedex Corporation (FDX) [hlAlert]

Rating:
Strong Buy
FDX
up 70.67 %

Fedex Corporation (FDX) rated Strong Buy by Raymond James

Posted on: Friday,  Dec 13, 2013  8:25 AM ET by Raymond James

Raymond James rated Strong Buy Fedex Corporation (NYSE: FDX) on 12/13/2013. Previously Raymond James rated Outperform Fedex Corporation (NYSE: FDX) on
12/12/2012., when the stock price was $89.67. Since then, Fedex Corporation has gained 70.67% as of 01/20/2016's recent price of $153.04.
If you would have followed the previous Raymond James's recommendation on FDX, you would have gained 70.67% of your investment in 1134 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.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/13/2013 8:25 AM Buy
None
138.85
as of 12/13/2013
1 Week down  -1.06 %
1 Month up  1.92 %
3 Months up  28.59 %
1 YTD up  50.34 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2012 8:25 AM Buy
None
89.67

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