MorganStanley analyst Ravi Shanker maintained a Hold rating on FedEx (FDX – Research Report) today and set a price target of $215.00. The company’s shares closed last Friday at $298.77.
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
Ideally the Fed will cut rates by a half-point without triggering growth worries, MorganStanley says. CIO Mike Wilson noted that the bond market is acting like the Fed is behind the curve.
Read more: Amazon posing a threat to FedEx is a 'fantastical' idea, CEO said - but the reality is much more complicated MorganStanley analysts wrote in the January 7 note that Amazon's plan ...
FedEx Corp. is a holding company, which engages in the provision of transportation, e-commerce, business services, and business solutions. It operates through the following segments: FedEx Express ...
MorganStanley Insight Fund earns an Average Process Pillar rating. The most notable contributor to the rating is the stability of the management team. Specifically, the fund has not seen a ...
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