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FedEx Corporation (NYSE:FDX) target price raised to $206.26, reported today by Vetr Inc.

FedEx Corporation (NYSE:FDX) had its target price raised to $206.26 by Vetr Inc. in a report released 6/20/2017. The new target price indicates a possible downside of -0.01% based on the company's last stock close price.

Previously on 6/15/2017, Oppenheimer reported about FedEx Corporation (NYSE:FDX) raised the target price from $218.00 to $229.00. At the time, this indicated a possible upside of 0.09%.

Yesterday FedEx Corporation (NYSE:FDX) traded 0.14% higher at $208.95. The company’s 50-day moving average is $209.74 and its 200-day moving average is $201.96. The last stock close price is up 6.37% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 1,811,568 shares of the stock were exchanged, up from an average trading volume of 1,314,990

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FedEx Corporation (NYSE:FDX)

FedEx Corporation has a 52 week low of $159.55 and a 52 week high of $219.99 with a PE ratio of 19.41 FedEx Corporation’s market capitalization is currently $0.

In addition to Vetr Inc. reporting its stock price target, a total of 22 brokerages have issued a ratings update on the company. The average stock price target is $181.57 with 9 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 11 brokers rating the stock a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

General Company Details For FedEx Corporation (NYSE:FDX)

FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. The Company's segments include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of the United States domestic and international shipping services for delivery of packages and freight. TNT Express segment collects, transports and delivers documents, parcels and freight on a day-definite or time-definite basis. The FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides its other companies with sales, marketing, information technology, communications, customer service and other back-office support.

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