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FedEx Freight Rating Updates: JPMorgan Sets Overweight for FDXF

FedEx Freight logoFedEx Freight
Sig1.20Sen+1.30Env0.00Soc0.00Gov0.00
FedEx logoFedEx
Sig0.80Sen+1.35Env0.00Soc0.00Gov0.00

JPMorgan initiated coverage of FedEx Freight (FDXF) with an Overweight rating, while Bank of America assumed coverage with a Buy rating and a $186 price target. Other analysts issued Strong Buy, Buy, Hold, and Sell ratings, and the consensus target is $176.27. The stock fell 0.2%, and the company reported $0.00 EPS for the quarter; Investors Research Corp also bought a new $80,000 stake.

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