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Fedex Corporation (FDX) [hlAlert]

down 13.20 %

Fedex Corporation (FDX) rated Buy with price target $205 by Argus

Posted on: Monday,  Jun 22, 2015  8:25 AM ET by Argus

Argus rated Buy Fedex Corporation (NYSE: FDX) on 06/22/2015, when the stock price was $176.32. Since
then, Fedex Corporation has lost 13.20% as of 01/20/2016's recent price of $153.04.
If you would have followed this Argus's recommendation on FDX, you would have lost 13.2% of your investment in 212 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/22/2015 8:25 AM Buy
176.32 205.00
as of 8/27/2015
1 Week down  -4.61 %
1 Month down  -12.68 %
3 Months down  -11.76 %
1 YTD up  6.44 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/6/2014 9:25 AM Buy
163.50 175.00
3/31/2014 12:00 AM Buy
132.56 162.00
12/26/2013 8:25 AM Buy
143.24 173.00
9/19/2013 2:25 PM Buy
116.44 122.00
6/23/2011 9:25 AM Buy
91.04 111.00
9/17/2010 3:25 PM Hold
3/19/2010 3:25 PM Buy
90.90 111.00
9/21/2009 8:25 AM Buy
75.38 97.00

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