Christian Wetherbee

Shipping and logistics company FedEx Corp (NYSE:FDX) is set to report second-quarter financial results after market close Tuesday, Dec. 19. Here's a look at the earnings estimates, what analysts are saying and key items for investors to watch. Earnings Estimates: FedEx is expected to report second-...

U.S. railroad industry is booming and one Wall Street analyst says it’s full steam ahead for Norfolk Southern Corp. (NYSE: NSC). The Analyst Citi analyst Christian Wetherbee upgraded Norfolk Southern from Neutral to Buy and has raised his price target from $161 to $176. Weatherbee also...

FedEx Corporation (NYSE: FDX) hit a new all-time high of $253.24 after the company handily exceeded Wall Street's expectations in its fiscal second quarter earnings report. Here is a summary of how some of the Street's top analysts responded to the print. Bank Of America: Solid Quarter...

Tesla Inc (NASDAQ: TSLA) revealed its semi-truck Thursday, and while parts of the big rig remain in shadow, its capacity for disruption is clear. Wall Street sees few positives for truck manufacturing rivals. The Rating Citigroup reiterated a Hold rating last week with with a $367 price target...

Citi in a note recommended a pair trade in the railroad sector by designating Kansas City Southern (NYSE: KSU) as its top pick, while downgrading Union Pacific Corporation (NYSE: UNP) to Neutral. A pair trade is a trading strategy in which a long position is matched with a short position in a pair...

Shares of XPO Logistics Inc (NYSE: XPO) are not only higher by nearly 40 percent since the start of 2017 and hit a new all-time of $60.57 on Monday. Yet, some among the Street expect further upside. Citi's Christian Wetherbee named the Fortune 500 company as the firm's top pick within the trucking...

Citi remains Buy-rated on CSX Corporation (NASDAQ: CSX) following the transportation company’s better-than-expected quarterly results, driven by better yields and lower costs. The third-quarter EPS fell 8 percent to $0.48, but $0.03 above Citi estimate. Revenues were down 8 percent, but $55...

Citi raised its 2016 and 2017 earnings-per-share estimate for Kansas City Southern (NYSE: KSU) as well as its price target, basing its actions on the Mexican fuel tax credit. The credit, according to Citi, is likely to help the already solid growth story of the freight rail transportation company....

Following the better-than-expected quarter from CSX Corporation (NASDAQ: CSX), Citi’s Christian Wetherbee expects the company to raise its full year targets. Wetherbee reiterated a Buy rating on the company, with a price target of $29. Numbers To Move Up The analyst mentioned the better...

Citi's Christian Wetherbee commented on United Parcel Service, Inc. (NYSE: UPS)'s "upbeat" European Management Meeting. Advantage In E-Commerce Management's upbeat tone largely results from the company's ability to take advantage of growing e-commerce, according to Wetherbee. "In general the tone...

FedEx Corporation (NYSE: FDX) reported its fourth-quarter financial results after the market closed on Tuesday. EPS of $3.30 and revenue of $13 billion beat estimates by $0.02 and $220 million, respectively. However, the mid-point of its fiscal 2017 adjusted earnings outlook of $11.75 to $12.25 per...

Shares of FedEx Corporation (NYSE: FDX) are expected to open lower on Wednesday after a mixed bag of results and outlook. In the after-hours hours trading on Tuesday, they were down 1 percent. Mixed Results The global package delivery company's fourth-quarter adjusted EPS and sales topped the...

The 2016 Citi Industrials Conference took place this week, and analyst Christian Wetherbee released a series of new notes with takeaways from the conference and commentary on a number of railway stocks. Here’s a look at what he had to say. Kansas City Southern (NYSE: KSU): Wetherbee saw CFO...