Ken Hoexter

Shares of FedEx Corp (NYSE:FDX) were down Wednesday, despite the company reporting upbeat fiscal fourth-quarter results on Tuesday. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On FedEx Analyst Ken Hoexter reiterated a Buy rating,...

Logistics and transportation giant FedEx Corporation (NYSE:FDX) could provide a snapshot of the sector’s performance when it reports fourth-quarter financial results after the market closes on Tuesday. Here's a look at the earnings estimates, what experts are saying ahead of the report, and...

United Parcel Service, Inc. (NYSE:UPS) Thursday reported its first revenue beat in 10 quarters. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Stifel analyst Bruce Chan maintained a Buy rating, while lifting the price target from $151 to $...

FedEx Corp (NYSE:FDX) could provide a look at how shipping demand is shaping up and ease analysts’ concerns about the macro environment when the company reports first-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect FedEx to report first-quarter...

Transportation company FedEx Corporation (NYSE:FDX) was sized up by analysts after reporting fourth-quarter results that beat estimates. The FedEx Analysts: Goldman Sachs analyst Jordan Alliger had a Buy rating and raised the price target from $316 to $333. Bank of America analyst Ken Hoexter had a...

CSX Corp (NASDAQ:CSX) shares have been in focus after U.S. Sen. Tommy Tuberville‘s latest regulatory filing. CSX also reported its first-quarter results on Wednesday, which came amid an exciting earnings season. Here are some key analyst takeaways from the release. BofA Securities On CSX Analyst...

Shares of FedEx Corp (NYSE: FDX) jumped in early trading on Friday, after the company raised its earnings guidance. Raymond James analyst Tyler Brown maintained a Market Perform rating on the stock. Oppenheimer analyst Scott Schneeberger reiterated a Perform rating on the stock. Stephens analyst...

Shares of Union Pacific Corporation (NYSE: UNP) jumped in early trading on Monday. The spike in share price comes after the Omaha, Nebraska-based company announced over the weekend that chairman and CEO Lance Fritz would step down in 2023. Meanwhile, investor Soroban Capital is calling for...

FedEx Corporation (NYSE: FDX) released its fiscal first-quarter financial results on Thursday afternoon after pre-releasing the numbers on Sept. 15. Management commentary spooked investors that a global recession may be imminent. FedEx's profits fell well short of Wall Street's expectations...

FedEx Corporation’s (NYSE: FDX) stock dropped on Friday morning following its pre-earnings report on the status of the world economy, which some experts are referring to as a post-COVID-19 pandemic unwind. Markets in Turmoil? On Friday, the Dow lost 1%, Nasdaq fell 1.59% and...

FedEx Corporation (NYSE: FDX) shares traded higher by 7% on Friday after the conglomerate reported fiscal fourth-quarter earnings that were better than analysts had feared. On Thursday, FedEx reported fourth-quarter adjusted EPS of $6.87, in-line with consensus analyst estimates. Revenue for the...

Airlines and cruise line stocks have had an extremely volatile couple of years since the pandemic completely shut down global travel back in 2020. Travel industries still haven't recovered to their pre-pandemic levels. In addition, ongoing supply chain issues have created extreme volatility in...

Brokerage carriers such as CH Robinson Worldwide Inc (NASDAQ: CHRW) are poised to benefit from continued strength in contract rates in the first half of 2022 and the subsequent “roll over as fluidity improves in the supply chain,” according to BofA Securities. The CH Robinson...

While US Xpress Enterprises Inc (NYSE: USX) is expanding its Variant truck segment, it is missing out on “fully participating in the strongest truckload market in a generation,” according to BofA Securities. The US Xpress Enterprises Analyst: Ken Hoexter downgraded the rating for US...

While Greenbrier Companies Inc (NYSE: GBX) shares declining on fears of macro growth having peaked, any deceleration would impact freight flows more than the company’s performance, according to BofA Securities. The Greenbrier Analyst: Ken Hoexter upgraded the rating for Greenbrier...