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Fedex Corporation (FDX) [hlAlert]

Rating:
Overweight
FDX
up 88.14 %

Fedex Corporation (fdx) rated Overweight by Piper Jaffray

Posted on: Friday,  Nov 13, 2009  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Overweight Fedex Corporation (NYSE: FDX) on 11/13/2009, when the stock price was $81.34. Since
then, Fedex Corporation has gained 88.15% as of 01/20/2016's recent price of $153.04.
If you would have followed this Piper Jaffray's recommendation on FDX, you would have gained 88.14% of your investment in 2259 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.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/13/2009 8:25 AM Buy
None
81.34
as of 12/31/2009
1 Week up  13.04 %
1 Month up  10.52 %
3 Months up  14.75 %
1 YTD up  14.75 %

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