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Expeditors International Of Washington, Inc. (EXPD) [hlAlert]

Rating:
Neutral EXPD
down 22.08 %

Expeditors International Of Washington, Inc. (EXPD) downgraded to Neutral by JP Morgan

Posted on: Tuesday,  Apr 21, 2009  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Expeditors International Of Washington, Inc. (NASDAQ: EXPD) on 04/21/2009. Previously JP Morgan rated Overweight Expeditors International Of Washington, Inc. (NASDAQ:
EXPD) on 01/11/2008., when the stock price was $40.57. Since then, Expeditors International Of Washington, Inc. has lost 22.09% as of 04/21/2009's recent price of $31.61.
If you would have followed the previous JP Morgan's recommendation on EXPD, you would have lost 22.08% of your investment in 466 days.

Expeditors International of Washington, Inc. is engaged in the business ofproviding global logistics services. The company offers its customers a seamless international network supporting the movement and strategic positioning of goods. The company's services include the consolidation or forwarding of air and ocean freight. In each U.S. office, and in many overseas offices, the company acts as a customs broker. The company also provides additional services including distribution management, vendor consolidation, cargo insurance, and purchase order management.

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
4/21/2009 8:25 AM Hold
None
31.61
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD down  -4.98 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2008 8:25 AM Buy
None
40.57

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