Morgan Stanley analyst Ravi Shanker maintains FedEx (NYSE:FDX) with a Equal-Weight and raises the price target from $186 to $200.
Morgan Stanley raises FedEx (NYSE:FDX) price target from $186 to $200 Read Post »
Citigroup analyst Christian Wetherbee maintains FedEx (NYSE:FDX) with a Buy and raises the price target from $285 to $295.
Citigroup raises FedEx (NYSE:FDX) price target from $285 to $295 Read Post »
Wells Fargo analyst Allison Poliniak maintains FedEx (NYSE:FDX) with a Equal-Weight and raises the price target from $240 to $270.
Wells Fargo raises FedEx (NYSE:FDX) price target from $240 to $270 Read Post »
Morgan Stanley Boosts Price Target on Accenture (NYSE:ACN) to $355 From $340, Keeps Overweight Rating.
Morgan Stanley raises Accenture (NYSE:ACN) Price Target to $355 From $340 Read Post »
Baird analyst David Koning maintains Accenture (NYSE:ACN) with a Neutral and raises the price target from $316 to $332.
Baird raises Accenture (NYSE:ACN) price target from $316 to $332 Read Post »
Barclays analyst Ramsey El-Assal maintains Accenture (NYSE:ACN) with a Overweight and raises the price target from $340 to $390.
Barclays raises Accenture (NYSE:ACN) price target from $340 to $390 Read Post »
BofA Securities Adjusts United Parcel Service (NYSE:UPS) Price Target to $177 From $190, Maintains Neutral Rating.
BofA Securities Adjusts United Parcel Service (NYSE:UPS) Price Target to $177 From $190 Read Post »
United Parcel Service, Inc. (NYSE:UPS) management reportedly stated that the expenses related to the recent Teamsters contract are lower than the amount asserted by the union. UPS’s CEO Carol Tome said that the costs incurred by the company for the new Teamsters contract are less than the” $30 billion in new money” touted by the union, as the company aims to sell investors on the agreement, in an interview with CNBC. The contract is structured with 46% of the compensation occurring in the first year, and Tome considers it cost-effective and fair. “It’s a barbell structure where it’s heavier in the beginning of the contract.” Tome added. “We’ll go in the middle of the contract and it steps back down. This 46% of the cost increase happens in the first year, so imagine what the last four years of the contract are!” The increases “are really good for us and a
Boeing to Deliver $400 Million to $450 Million MAX 737 Planes in 2023, Though Likely Towards Lower End of Range, Reiterates 2023 FCF of $3 Billion to $5 Billion, CFO Says.
Boeing to Deliver $400 Million to $450 Million MAX 737 Planes in 2023 Read Post »
DuPont De Nemours (NYSE:DD) Completes $3.25 Billion Accelerated Share Repurchase Transaction; Launches New $2 Billion Accelerated Share Repurchase Transaction.
DuPont Completes $3.25 Billion Accelerated Share Repurchase Transaction Read Post »
DuPont De Nemours (NYSE:DD) has entered into agreements to purchase $2 billion of its common stock. The Wilmington, Del.-based chemicals company said Wednesday it would receive and retire 21.2 million shares of its common stock. The new accelerated share repurchase transaction comes after DuPont completed its previous $3.25 billion program launched in November. DuPont expects to complete the buybacks in the first quarter of 2024.
DuPont Initiates New $2 Billion Share Buyback Program Read Post »
Lockheed Martin (NYSE:LMT) said Wednesday it now expects to deliver 97 F-35 aircraft in 2023, compared with its previously announced outlook of 100 of 120. The company said it has updated its F-35 Technology Refresh 3 schedule projections and now it expects to deliver the first TR-3 jet between April and June 2024. All the F-35 aircraft expected to be delivered in 2023 are in the TR-2 configuration, the company said, adding that the guidance will not impact its 2023 financial outlook. The company said it is producing the jets at a rate of 156 per year and plans to continue at this pace while it works to complete TR-3 software development and testing. For 2024, the company said that the number of deliveries will depend on when the first TR-3 is shipped and the time required to complete the customer’s acceptance process, while it is assessing impacts to that
Lockheed Martin (NYSE:LMT) Lowers 2023 F-35 Jets Delivery Outlook Read Post »