FedEX: It’s All About the Margins
December 18, 2014 at 09:59 AM EST
Goldman Sachs analyst Tom Kim and team explain why they upgraded FedEx (FDX) following yesterday’s disappointing earnings: ASSOCIATED PRESS We upgrade FedEx shares to Buy and add to the Conviction List, with 26% upside potential to our new 12-month price target of $211. On our estimates, FedEx’s forward two-year EPS CAGR of 27% represents one of [...]