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Fedex Corporation (FDX) [hlAlert]

Sector Perform
down 5.29 %

Fedex Corporation (FDX) upgraded to Sector Perform with price target $155 by RBC Capital Mkts

Posted on: Thursday,  Jun 19, 2014  12:00 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Sector Perform Fedex Corporation (NYSE: FDX) on 06/19/2014. Previously RBC Capital Mkts rated Underperform Fedex Corporation (NYSE: FDX)
on 12/19/2013., when the stock price was $139.79. Since then, Fedex Corporation has gained 5.59% as of 06/19/2014's recent price of $147.60.
If you would have followed the previous RBC Capital Mkts's recommendation on FDX, you would have lost 5.29% of your investment in 182 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/19/2014 12:00 AM Hold
147.60 155.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -2.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2013 10:25 AM Sell
139.79 125.00
4/18/2013 9:25 AM Sell
93.49 87.00
3/21/2013 3:25 PM Hold
96.68 100.00
9/13/2011 9:25 AM Hold
74.00 78.00
12/17/2010 9:25 AM Buy
94.08 105.00

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