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Will FedEx (FDX) Stock be Helped by This Analyst Action?

2015-06-15 20:10:14| Air Courier - Topix.net

"We believe FedEx will issue an upbeat fiscal year 2016 outlook given tailwinds from its profit improvement plan , secular e-commerce growth, and competitor pricing initiatives," Deutsche Bank analysts said. The firm increased estimated earnings for the quarter to $2.90 per share from $2.68, with full-year 2016 earnings estimated at $11.62 per share.

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