Comment / $188 FedEx – the five stages of grief

The cloudy skies have cleared when it comes to a) the integrated logistics investment horizon, and b) the best bet of all (FedEx), with hindsight.

(Well, kind of.)

And that’s one key takeaway, particularly true with regard to FedEx’s (FDX) valuation combined with a brave early October call from the sell-side’s, Bernstein.

To be sure, that had to be promoted. Because, with an average target price of $196 now, according to consensus from S&P Global Market Intelligence, there’s little left to go in ...