FedEx Corporation (NYSE:FDX) has witnessed a colossal rise of 1.9% or 54,175 shares in its short figure. The short interest augmentation took it from 2,892,558 on February 13,2015 to 2,946,733 on February 27,2015.
I remain bullish on FedEx as a robust US and global economy will keep the strong momentum going for the company. Considering the EPS growth outlook for FY15 and FY16, FedEx is not trading at expensive forward valuations and the stock looks good for ...
Wall Street analysts have placed a target price of $190.642 for FedEx Corporation (NYSE:FDX). This number is based on the mean consensus estimate from the 14 research firms that recently issued reports on the stock.
The stock markets in the United States rebounded after the Federal Reserve indicated that a potential increase of interest rates would be slower-than-expected based on economic data showing that the economic growth became moderate.
Among the stocks gearing up to report earnings tomorrow are package delivery expert FedEx Corporation (NYSE:FDX), semiconductor concern Jabil Circuit, Inc. (NYSE:JBL), and precious metals producer Silver Wheaton Corp.