FedEx Receives Downgrade at Bernstein, Price Target Set at $153 [TheStreet.com]
Walgreens Boots Alliance, Inc. (WBA)
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am
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Source: TheStreet.com
FedEx Receives Downgrade at Bernstein, Price Target Set at $153 Shutterstock FedEx ( FDX Get Report Shares rose 0.22% to $138.70 after falling earlier after Bernstein set its price target at $153, which implies an 11% increase from FedEx's closing price Tuesday of $138.39. The average Wall Street price target for FedEx is $172.72, according to Bloomberg. Analyst David Vernon, in a research note, wrote that it was "reasonable to think that results could get worse before they get better" at FedEx. He cut his price target to $153 from $201. The analyst said there was "relatively more upside" at rival United Parcel Service ( UPS Vernon said he had "limited confidence that the idiosyncratic issues plaguing the company will be resolved" over the next 12 months. Analysts have decreased their consensus one-year target price for the stock by 7.5% in the past three months. Targets range from $120 to $360, according to Bloomberg. The shipping giant fell sharply in mid-September after warning th
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WBA
Earnings
- 3/28/24 - Beat
WBA
Sec Filings
- 5/1/24 - Form 8-K
- 4/29/24 - Form 4
- 4/29/24 - Form 4
- WBA's page on the SEC website