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Wall Street Gives FedEx A Passing Grade After Solid Earnings Report
Wednesday, December 20, 2017 - 5:13pm | 602Read More...FedEx Corporation (NYSE: FDX) hit a new all-time high of $253.24 after the company handily exceeded Wall Street's expectations in its fiscal second quarter earnings report. Here is a summary of how some of the Street's top analysts responded to the print. Bank Of America: Solid Quarter...
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Analyst: Little Upside Remains For C.H. Robinson Shares
Tuesday, October 3, 2017 - 3:18pm | 375Read More...BMO Capital Markets downgraded shares of C.H. Robinson Worldwide Inc (NASDAQ: CHRW), citing the recent recovery in the stock price and its hesitant attitude toward using a higher multiple given growing competitive intensity in the brokerage markets, which rendered the visibility into long-term...
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FedEx's Sell-Side Roundup: Outperform Ratings Across The Board
Thursday, June 22, 2017 - 8:41am | 687Read More...FedEx Corporation (NYSE: FDX) reported its fourth-quarter earnings on Tuesday after the close. While the company beat revenue and EPS estimates for Q4 fiscal 2017, those figures were temporarily overshadowed by disappointing guidance. The stock dropped 1.5 percent after Wednesday’s open...
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Here's The Sell-Side Sentiment Following FedEx's Q3 Report
Thursday, March 23, 2017 - 8:38am | 910Read More...FedEx Corporation (NYSE: FDX) reported after the market close on Tuesday adjusted third-quarter earnings that sorely missed estimates, while its revenues were in line. The company blamed the earnings miss on the negative net impact of fuel, one fewer operating day at FedEx Express and FedEx...
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FedEx Shares Could Rise Over 30% By 2020
Monday, March 6, 2017 - 12:33pm | 355Read More...Fadi Chamoun of BMO Capital upgrades FedEx Corporation (NYSE: FDX) to Outperform and raised price target by $10 to $220. Further, the analyst’s upside case points to a target price of $260 over the medium-term (three years), representing a potential return of 34 percent. What The Margins,...
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The Days Of UPS Shares Trading At A Premium To The S&P May Be Numbered
Wednesday, February 1, 2017 - 1:19pm | 351Read More...United Parcel Service, Inc. (NYSE: UPS) announced its Q4:16 results and FY 2017 guidance well below the estimates. BMO Capital’s Fadi Chamoun downgraded the rating on the company from Outperform to Market Perform, while lowering the price target from $130 to $115. Q4 Miss The analyst...
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BMO Sees 24% Upside In CSX Shares, Upgrades To Outperform
Monday, January 23, 2017 - 1:38pm | 307Read More...BMO upgraded CSX Corporation (NASDAQ: CSX) to Outperform from Market Perform on predication that Mantle Ridge LP being successful in its effort to install Hunter Harrison as CEO of CSX. “We believe that the probability of this occurring is fairly high without going down the road of a...
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CSX Valuation A Bit Off Track; BMO Lowers To Market Perform
Thursday, November 10, 2016 - 12:31pm | 279Read More...While CSX Corporation (NASDAQ: CSX)'s medium-term outlook looks “favorable,” the company may witness some pressures in the near term, BMO Capital Markets’ Fadi Chamoun said in a report. He downgraded the rating on CSX from Outperform to Market Perform following the recent run-up...
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BMO Says Buy The Dip On Rails
Friday, October 21, 2016 - 3:44pm | 381Read More...Fadi Chamoun of BMO Capital Markets is bullish on the rail sector and recommends investors buy the sector following a recent dip. In a research report the analyst noted that the six major Class 1 railroad stocks saw their combined market value fall by $8.4 billion on Thursday following a...
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Kansas City Southern's Growth Outlook Brighter Than Some Of Its Peers
Wednesday, October 19, 2016 - 2:49pm | 319Read More...BMO Capital Markets has maintained its Market Perform and $98 price target on Kansas City Southern (NYSE: KSU), saying the company has a better volume visibility versus class 1 peers heading into 2017 despite higher costs driving a third-quarter earnings miss. The company’s third-quarter EPS...
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Flooding Disruptions, Rerouting Expenses Put A Strain on Kansas City Southern's Margins
Monday, October 3, 2016 - 1:32pm | 287Read More...BMO Capital sees third quarter earnings of Kansas City Southern (NYSE: KSU) below consensus on higher costs related to flooding disruptions and the associated rerouting expenses. The rail road operator is expected to report its third quarter numbers on October 18. The brokerage cut its third...
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A Summary Of BMO Capital's Coverage On The Rail Sector
Thursday, July 7, 2016 - 3:39pm | 336Read More...Analysts at BMO Capital Markets oversee a proprietary index called the "BMO Rail Demand Index" (RDI), which measures demand momentum for rail carloads. As noted by BMO's Fadi Chamoun, the RDI historically led carloads by three to six months. The May reading of 44 is roughly in line with April's...
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UPDATE: BMO Capital Markets Downgrades CSX Corporation Following Q3/13 EPS Report
Thursday, October 17, 2013 - 9:14am | 166Read More...In a report published Thursday, BMO Capital Markets analyst Fadi Chamoun downgraded the rating on CSX Corporation (NYSE: CSX) from Outperform to Market Perform, and lowered the price target from $29.00 to $28.00. In the report, BMO Capital Markets noted, “CSX reported Q3/13 EPS of $0.46, up 5% y/y...
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UPDATE: BMO Capital Markets Initiates Coverage on J.B. Hunt Transport Services on Multiple Growth Opportunities Ahead
Tuesday, October 1, 2013 - 10:59am | 121Read More...In a report published Tuesday, BMO Capital Markets analyst Fadi Chamoun initiated coverage on J.B. Hunt Transport Services (NASDAQ: JBHT) with an Outperform rating and $86.00 price target. In the report, BMO Capital Markets noted, “We believe J.B. Hunt has a long runway of growth opportunities in...
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UPDATE: BMO Capital Markets Initiates Coverage on Hub Group on Good Market Position, Margin Pressure Vulnerabilities
Tuesday, October 1, 2013 - 10:58am | 174Read More...In a report published Tuesday, BMO Capital Markets analyst Fadi Chamoun initiated coverage on Hub Group (NASDAQ: HUBG) with a Market Perform rating and $42.00 price target. In the report, BMO Capital Markets noted, “Hub Group is the second-largest player in the high-growth intermodal sector and...
