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Stock impact report

FedEx (FDX) CEO is Doing A Terrific Job, Says Jim Cramer [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
Logistics giant FedEx Corporation (NYSE:FDX) is one of Jim Cramer's favorite stocks. Over the past couple of months, he has repeatedly cited faith in the firm's CEO, Raj Subramaniam, despite the weak share price performance. Over the year, FedEx Corporation (NYSE:FDX)'s shares are up by 10%. January has been a busy month for the firm as far as analysts are concerned. For instance, Raymond James kept an Outperform rating and a $305 share price target after FedEx Corporation (NYSE:FDX) provided an update for the separation of its freight business. Bank of America had bumped the share price target to $365 from $315 and upgraded the rating to Buy from Neutral. Cramer discussed the freight business spinoff after FedEx Corporation (NYSE:FDX) filed a Form 10 registration statement with the SEC: pio3 / Shutterstock.com “And this is exciting because we were waiting for this. . .Raj Subramaniam has been about as good as you could be. He knew there was going to be a freight recession, he kn Show less Read more
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