Deutsche Bank Raises Estimates On FedEx (FDX)

Analysts at Deutsche Bank have raised their Q2 earnings per share estimates for FedEx FDX from $1.23 to $1.32. They wrote, "we believe a combination of modestly better-than-expected volume growth, a solid pricing environment, and better operating leverage should drive upside to current Consensus EPS of $1.31/share." Deutsche Bank has a Buy rating with a $116.00 price target on FDX shares. During Monday's trading session, FDX has lost 0.27% to $86.56.