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Fedex Corporation (FDX) [hlAlert]

Rating:
Mkt Outperform
FDX
up 60.65 %

Fedex Corporation (FDX) rated Mkt Outperform with price target $117 by Avondale Partners

Posted on: Tuesday,  Apr 8, 2008  11:25 AM ET by Avondale Partners

Avondale Partners rated Mkt Outperform Fedex Corporation (NYSE: FDX) on 04/08/2008, when the stock price was $95.26.
Since then, Fedex Corporation has gained 60.66% as of 01/20/2016's recent price of $153.04.
If you would have followed this Avondale Partners's recommendation on FDX, you would have gained 60.65% of your investment in 2843 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.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2008 11:25 AM Buy
None
95.26 117.00
as of 12/24/2008
1 Week up  5.27 %
1 Month up  28.66 %
3 Months up  3.58 %
1 YTD down  -41.15 %

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