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Analyst: Amazon Blocking FedEx Ground Good News For UPS
Tuesday, December 17, 2019 - 12:07pm | 446FedEx Corporation (NYSE: FDX) shares tumbled Monday after Amazon.com, Inc. (NASDAQ: AMZN) announced a temporary ban on FedEx Ground for third-party Prime sales. To the Street, the new marketplace policy betrayed further deterioration of an already tenuous relationship. The Rating Bank of America...
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XPO Logistics Analyst Stays Bullish Despite Economic Headwinds, Big Customer Loss
Wednesday, April 3, 2019 - 11:11am | 494Bank of America Merrill Lynch says continuing economic headwinds have led it to lower its earnings estimates for XPO Logistics Inc (NYSE: XPO), though it still recommends buying shares of a company that it says has long-term earnings growth potential. The Analyst Ariel Rosa maintained a Buy rating...
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BofA Lowers XPO Logistics Price Target In Wake Of 2019 Guidance Cut
Friday, February 15, 2019 - 12:45pm | 360XPO Logistics Inc (NYSE: XPO) reported disappointing fourth-quarter results and lowered its 2019 guidance Thursday. This may cause a “sentiment shift” that could persist for the next several quarters, according to Bank of America Merrill Lynch. The Analyst BofA's Ariel Rosa...
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2 Analysts Find XPO Logistics Attractive After 20% Drop
Thursday, December 13, 2018 - 4:58pm | 583Transportation and logistics solutions provider XPO Logistics Inc (NYSE: XPO) caught investors off guard with a surprise outlook announcement for 2019. Despite an initial shock, at least two Street analysts continue to recommend the stock. The Analysts KeyBanc Capital Markets' Todd Fowler...
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BofA: Buy The Dip In XPO Logistics
Tuesday, October 30, 2018 - 11:14am | 391XPO Logistics (NYSE: XPO) received a vote of confidence from Bank of America Merrill Lynch Tuesday amid a pullback in the stock. The Analyst Analyst Ariel Rosa upgraded XPO Logistics from Neutral to Buy and lowered the price objective from $111 to $105. The Thesis XPO shares are down 25...
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CH Robinson Gets A Double Upgrade From Bank Of America
Tuesday, October 10, 2017 - 12:21pm | 617C.H. Robinson Worldwide Inc (NASDAQ: CHRW) earned a double upgrade at Bank of America Merrill Lynch Tuesday, as the firm focused on spot market beneficiaries in the rapidly rising truck pricing market. With the upgrade, C.H. Robinson joins BoA Merrill Lynch's Buys on truckload, or TL/Internodal...
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Kansas City Southern, The Growth Stock
Tuesday, October 10, 2017 - 10:57am | 414Bank of America Merrill Lynch said in a note valuation of Kansas City Southern (NYSE: KSU) looks good for growth potential. The firm upgraded the shares of the company and lifted the price target. The rating on Kansas City Southern shares now go to Buy from Neutral and the price target from $...
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Analyst Says Buy FedEx Stock Amid Amazon Last-Mile Concern
Friday, October 6, 2017 - 2:58pm | 585It’s another one of those “don’t judge an article by its title” moments. FedEx Corporation (NYSE: FDX) plunged 2 percent Thursday on “overstated” headlines reporting increased competition from Amazon.com, Inc. (NASDAQ: AMZN), and Bank of America Merrill Lynch...