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Enter Symbol:
Rating: FDX
Buy $172

Fedex Corporation (NYSE: FDX) upgraded to Buy with price target $172 by Stifel

Tuesday,  Oct 6, 2015  8:25 AM ET by Lynn Gilbert

Stifel upgraded Fedex Corporation (NYSE: FDX) to Buy with price target
$172. Previously, Stifel rated Fedex Corporation (NYSE: FDX) to Hold on 09/23/2013, when the stock price was valued at $115.26.

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.


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