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Benedictwh
2021-04-27

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Why FedEx Shares Are Trading Higher Today

FedEx shares are trading higher in sympathy with UPS, which reported better-than-expected Q1 EPS and sales results. Berenberg also maintained a Buy rating on FedEx and raised its price target from $340 to $350. UPS, a peer company of FedEx, reported Q1 sales of $22.90 billion, which beat the consensus estimate of $20.49 billion.

Why FedEx Shares Are Trading Higher Today

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