Ravi Shanker

Rail company CSX Corporation (NASDAQ: CSX) reported Wednesday afternoon with a top- and bottom-line fourth-quarter beat, but cautioned investors to expect a slowdown in revenue growth in 2019 from 7 percent in 2018 to a "low single-digit." The Analysts Morgan Stanley's Ravi Shanker...

Since 2017, many analysts have been bullish on FedEx Corporation (NYSE: FDX) on a "20/20/20" thesis -- $20 in EPS by fiscal 2020 that warrants a 20 times P/E multiple. Exiting FedEx's earnings report Tuesday, the "20/20/20" narrative is off the table, according to Morgan...

FedEx Corporation (NYSE: FDX) reported Tuesday its fiscal second-quarter results, which came in better than expected but management revised its outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Ravi Shanker maintains an...

Amazon.com, Inc. (NASDAQ: AMZN)'s ambitions to oversee its own fleet of aircraft is just two years old, but much progress has been made — with more to come at the expense of FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS), according to Morgan Stanley. The Analyst...

The new industry view on the trucking sector at Morgan Stanley is Cautious. In a report that included the downgrade of several key trucking stocks, the research team at Morgan Stanley led by Ravi Shanker said its actions were focused on demand. "Note that we are not calling for a macro...

Freight stocks have had a decent run over the past year, but one analyst said Monday the train may soon be going off the tracks for freight stocks. The Analyst Morgan Stanley analyst Ravi Shanker downgraded the following stocks: Union Pacific Corporation (NYSE: UNP) from Equal-Weight to...

FedEx Corporation (NYSE: FDX) reported fiscal first-quarter results Monday that mark a "messy start" to the fiscal year and will pressure the stock moving forward, according to Morgan Stanley. The Analyst Morgan Stanley's Ravi Shanker maintained an Equal-weight...

Rail-based freight transportation company CSX Corporation (NASDAQ: CSX) held its 2018 Investor and Analyst Conference on Thursday in New York City. The Analysts  Morgan Stanley analyst Ravi Shanker maintained his Underweight rating on the shares of CSX after the conference and lowered the...

Transportation solutions provider Echo Global Logistics, Inc. (NASDAQ: ECHO)'s high spot exposure leaves it somewhat better positioned than contract-exposed peers, according to Morgan Stanley.  The Analyst Morgan Stanley analyst Ravi Shanker downgraded shares of Echo Global from...

Knight-Swift Transportation Holdings Inc (NYSE: KNX), a transportation giant born out of the combination of Knight Transportation and Swift Transportation, is considered by some analysts to be a best-in-class operator. The Analyst Morgan Stanley's Ravi Shanker resumed coverage of Knight-Swift...

The reveal of Tesla Inc (NASDAQ: TSLA)'s Semi and Roadster met wide enthusiasm. J B Hunt Transport Services Inc (NASDAQ: JBHT) and Wal-Mart Stores Inc (NYSE: WMT) pre-ordered the electric truck within the first 24 hours, and Tesla’s stock spiked as much as 4.3 percent. But the Street,...

U.S. rail stocks may be losing their steam. On Monday, Morgan Stanley analyst Ravi Shanker downgraded CSX Corporation (NASDAQ: CSX) and Union Pacific Corporation (NYSE: UNP) and said investors should be hopping aboard Canadian rail stocks Canadian National Railway (USA) (NYSE: CNI) and Canadian...

Tesla Inc (NASDAQ: TSLA) of late has been transforming into an investors' darling. A telling proof for this claim is the company's market capitalization recently surpassing that of General Motors Company (NYSE: GM) — however, GM is back on top, thanks to the former's pullback from an all-time...

Rail pricing issues led Union Pacific Corporation (NYSE: UNP) to report an unexpected third-quarter earnings miss. However, Morgan Stanley reiterated its Overweight rating on the stock as it believes the pricing is an issue impacting the entire rail sector and not cyclical. The company reported...

Although United Parcel Service, Inc. (NYSE: UPS) reported an in-line quarter and left its guidance unchanged, management commentary highlighted headwinds ahead. Morgan Stanley’s Ravi Shanker maintained an Underweight rating on the company, while reducing the price target from $92 to $91....