Fadi Chamoun

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...

FedEx Corporation (NYSE: FDX) reported its fourth-quarter earnings on Tuesday after the close. While the company beat revenue and EPS estimates for Q4 fiscal 2017, those figures were temporarily overshadowed by disappointing guidance. The stock dropped 1.5 percent after Wednesday’s open...

FedEx Corporation (NYSE: FDX) reported after the market close on Tuesday adjusted third-quarter earnings that sorely missed estimates, while its revenues were in line. The company blamed the earnings miss on the negative net impact of fuel, one fewer operating day at FedEx Express and FedEx...

Fadi Chamoun of BMO Capital upgrades FedEx Corporation (NYSE: FDX) to Outperform and raised price target by $10 to $220. Further, the analyst’s upside case points to a target price of $260 over the medium-term (three years), representing a potential return of 34 percent. What The Margins,...

United Parcel Service, Inc. (NYSE: UPS) announced its Q4:16 results and FY 2017 guidance well below the estimates. BMO Capital’s Fadi Chamoun downgraded the rating on the company from Outperform to Market Perform, while lowering the price target from $130 to $115. Q4 Miss The analyst...

While CSX Corporation (NASDAQ: CSX)'s medium-term outlook looks “favorable,” the company may witness some pressures in the near term, BMO Capital Markets’ Fadi Chamoun said in a report. He downgraded the rating on CSX from Outperform to Market Perform following the recent run-up...

Fadi Chamoun of BMO Capital Markets is bullish on the rail sector and recommends investors buy the sector following a recent dip. In a research report the analyst noted that the six major Class 1 railroad stocks saw their combined market value fall by $8.4 billion on Thursday following a...

BMO Capital Markets has maintained its Market Perform and $98 price target on Kansas City Southern (NYSE: KSU), saying the company has a better volume visibility versus class 1 peers heading into 2017 despite higher costs driving a third-quarter earnings miss. The company’s third-quarter EPS...

Analysts at BMO Capital Markets oversee a proprietary index called the "BMO Rail Demand Index" (RDI), which measures demand momentum for rail carloads. As noted by BMO's Fadi Chamoun, the RDI historically led carloads by three to six months. The May reading of 44 is roughly in line with April's...

Following its third quarter print on October 28, Norfolk Southern Corp. (NYSE: NSC) started to climb steadily in BMO Capital Markets’ list of preferred railroads. The stock has surged more than 23 percent since the report date, especially following Canadian Pacific Railway Limited (USA...

On Thursday, BMO Capital Markets hosted meetings with institutional investors and Union Pacific Corporation (NYSE: UNP)’s management – Robert Knight, Chief Financial Officer; Mary Jones, Vice President and Treasurer; Mike Staffenbeal, Assistant Vice President of Investor Relations....