Список проголосовавших за комментарий " FedE: Color on Qtr (191.84)<ul><li><strong>Stifel Research raising tgt to $194 from $189, Maintains Hold.</strong> FedEx reported F3Q17 EPS of $2.35, short of estimate and the Street consensus estimate of $2.62. The company cited a significant negative net impact of fuel as the primary reason for the shortfall. But more importantly, in our view, in its Outlook section, management said it is targeting $1.2bn-$1.5bn in operating profit improvement (~$2.90-$3.60 in EPS) at FedEx Express from FY17-FY20 due largely to TNT synergies but also to its aircraft fleet replacement program, continued economic growth, yield management (better pricing), and other factors. The tone of the call was upbeat and positive, as we are now in a quarter the company believes should exceed current expectations. The stock should move higher from here, in firm's view, on the strong Express margin targets, but firm remain Hold-rated, as the next several years are far from certain.</li><li><strong>Cowen and Company reiterate Buy and $240 tgt.</strong> FedEx reported what can only be described as disappointing 3FQ17 results, falling short of expectations and the consensus estimates. Firm believes this is the last difficult y/y comparison, and current quarter results should show significant y/y and sequential improvement. Management forecasts a significant sequential quarter improvement in the May quarter vs the February quarter. The company continues to integrate TNT operations into FDX, and expects it to take another three years to fully merge the two companies. One interesting comment made by management about the outlook for the 2017 calendar year peak was that they are raising prices and backing away from some customers where they are not as profitable as they should be.</li></ul><p><em>Shares of FDX are up approx 2.5% in pre-market trade.</em></p>"