Air Freight & Logistics

Dahlman Rose is raising its PT on shares of FedEx (NYSE: FDX) from $97 to $122. FedEx closed Thursday at $87.89.

Citigroup has published a research report on FedEx Corporation (NYSE: FDX) after the company reported solid demand despite missing 3Q analyst estimates. In the report, Citigroup writes "FDX reported F3Q11 normalized EPS of $0.81, below our $0.85 estimate and consensus at $0.83. As expected, rising...

Jefferies is maintaining its Buy rating on FedEx Corp. (NYSE: FDX). “While we brought our F4Q estimate back in line to $1.75 (we had been awaiting the call before revising F4Q), we make no changes to our F2012-13 estimates, nor our calendar year-end 2011 price target of $112 (27% upside),”...

Deutsche Bank has published a report on FedEX (NYSE: FDX) predicting a positive outlook for 2012. According to the report, "Yesterday, FDX reported FQ3 EPS of $0.81/share (which excludes $0.08/share of Freight restructuring costs)--inline with the company's lowered guidance of $0.70- 0.90/share....

In a report published by Morgan Stanley, it gives more confirmation of FY12 potential on FedEx (NYSE: FDX). Morgan Stanley said that at 13.8X consensus F2012 EPS, FDX is not expensive in historical terms, and fundamentals appear favorable. “Consensus clearly underestimates incremental margins at...

JP Morgan has raised the price target on FedEx Corporation (NYSE: FDX) from $114 to $116 and maintains its Overweight rating.

In a report published by Piper Jaffray, it has greater conviction in FedEx's (NYSE: FDX) F2010 earnings upside potential post F3Q11 results. Piper Jaffray said that yesterday before the market FDX reported F3Q11 (ending Feb) continuing EPS of $0.81 – in the middle of the company's 2/14/11 downside...

Piper Jaffray has raised the price target on FedEx (NYSE: FDX) from $115 to 4116 and maintains its Overweight rating.

CNBC Fast Money's Jon Najarian said on the show that Stifel Nicolaus upgraded Akamai Technologies, Inc. (NASDAQ: AKAM) today, and the stock jumped 4.32%. He added that he would buy this stock. Akamai Technologies (AKAM) gained 4.32% today, and closed at $36.47. Joe Terranova said that Noble Energy...

On CNBC's Fast Money, Joe Terranova said that if you like the FedEx's (NYSE: FDX) story you will like the rails too. This trade removes the risk of fuel. Guy Adami commented that if you like the FedEx's story, and you like the rails, than you will like Wabtec Corporation (NYSE: WAB). Wabtec...

Goldman Sachs is out with its report today on FedEx (NYSE: FDX), maintaining Neutral. In a note to clients, Goldman Sachs writes, "FDX reported ongoing F3Q11 EPS (Feb end) of $0.81 vs. GS $0.85, consensus $0.82 and recent downwardly revised guidance of $0.70-$0.90. Higher sales were more than...

Shares of FedEx Corp (NYSE: FDX) gained about 5.2% after the company reported its FQ3 earnings at $231 million, or $0.73 per share, compared with $239 million, or $0.76 per share, in the year-earlier period. The company's revenue increased 11% to $9.66 billion. The company's adjusted earnings came...

This morning the S&P 500 e-mini futures(ESM1) are soaring higher by 17.50 points to 1271.50 per contract. Often during the week of options expiration when the major stock indexes decline during the first part of the week the second part of the week will usually see a rebound. The Japanese...

Reminder: Fedex's (NYSE: FDX) Q3 2010 conference call is scheduled for today at 8:30am EST.

US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average gained 62 points to 11,640.00 and futures on the S&P 500 stock index climbed 9.60 points to 1,263.50. Nasdaq 100 futures rose 9.75 points to 2,218.25. US stocks...