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Citi Think Canadian Pacific Is Giving Shareholders A Chance To Weigh In On Merger Idea
Tuesday, November 10, 2015 - 11:59am | 377Read More...Canadian Pacific Railway Limited (USA) (NYSE: CP) shares have lost 27 percent year-to-date, declining steadily after hitting a high of $197.47 on August 24. Citi’s Christian Wetherbee maintained a Buy rating on the company, with a price target of $170. The company is reportedly in...
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What The FedEx Bulls Are Saying
Friday, June 12, 2015 - 10:47am | 361Read More...FedEx Corporation (NYSE: FDX) provides a wide range of e-commerce, transportation and business services. Shares of Fedex closed at $182.32 at the end of Wednesday’s market session, and rose to $184.92 to close on Thursday after a handful of analysts revealed bullish thoughts on the...
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Citi: Norfolk Southern's Profitability In Question Amid Rising Operating Expenses
Tuesday, April 14, 2015 - 10:47am | 225Read More...Citi issued a company report on Norfolk Southern Corp. (NYSE: NSC) after the company announced updated expectations for Q1 2015 EPS of $1.00, $0.26 below the consensus estimate. Citi rates Norfolk as Neutral and lowered its price target from $109 to $103. Analysts Christian Wetherbee and...
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UPDATE: Citigroup Upgrades CSX As Stock Feels Like A Must Own
Thursday, December 4, 2014 - 9:37am | 177Read More...In a report published Thursday, Citigroup analyst Christian Wetherbee upgraded the rating on CSX Corporation (NYSE: CSX) from Neutral to Buy, and raised the price target from $34.00 to $41.00. In the report, Citigroup noted, “We are upgrading CSX to Buy from Neutral and raising our target to $41....
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Citi Thinks FedEx Corporation Needs Solid FQ1 Beat To Boost Sentiment
Thursday, September 4, 2014 - 12:59pm | 322Read More...FedEx Corporation (NYSE: FDX) is facing investor skepticism on the company's ability to widen its margins and a solid earnings beat on September 17 could turn around sentiment on the shares, an analyst said Thursday. Doubts about improvements to the company's Express unit "is...
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Citigroup Adds FedEx To Its 'Focus List'
Thursday, August 7, 2014 - 11:51am | 205Read More...In a note released Thursday morning, Citigroup analyst Christian Wetherbee added FedEx (NYSE: FDX) to the firm's 'Focus List'. Wetherbee currently rates FedEx a Buy with a $170 price target. "Ultimately, the confluence of robust volume growth driven by eCommerce penetration,...
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UPDATE: Citi Downgrades Con-way
Friday, July 11, 2014 - 11:33am | 99Read More...In a note released Friday morning, Citi analyst Christian Wetherbee downgraded shares of Con-way (NYSE: CNW) from Buy to Neutral and increased the price target from $48 to $52. Wetherbee's downgrade comes amid the sentiment that improvements in LTL margins for 2015 have been priced in. He...
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Citigroup Comments On Fedex In Run-Up To Q4 Earnings
Thursday, June 12, 2014 - 1:22pm | 131Read More...In a note dated June 11, Citigroup analyst Christian Wetherbee provided insight into the firm's position on Fedex (NYSE: FDX) in the run-up to the company's fiscal 2014 fourth quarter earnings results. Wetherbee explained that the firm's view for the quarter are "somewhat muted...
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UPDATE: Citigroup Raises PT on FedEx on Further Upside Potential
Tuesday, December 10, 2013 - 11:51am | 150Read More...In a report published Tuesday, Citigroup analyst Christian Wetherbee reiterated a Buy rating on FedEx Corporation (NYSE: FDX), and raised the price target from $140.00 to $170.00. In the report, Citigroup noted, “FedEx shares are up 20% in the three months since it reported F1Q14 results. That...
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UPDATE: Citigroup Reiterates on C.H. Robinson Worldwide Following Investor Meeting
Wednesday, November 20, 2013 - 10:42am | 192Read More...In a report published Wednesday, Citigroup analyst Christian Wetherbee reiterated a Neutral rating on C.H. Robinson Worldwide (NASDAQ: CHRW), but lowered the price target from $60.00 to $57.00. In the report, Citigroup noted, “CH Robinson hosted its first investor meeting in 13 years Tuesday and...
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UPDATE: Citigroup Reiterates on Eagle Bulk Shipping as Restructuring Risk Intensifies with Another Difficult Quarter
Friday, November 15, 2013 - 9:10am | 216Read More...In a report published Friday, Citigroup analyst Christian Wetherbee reiterated a Sell rating on Eagle Bulk Shipping (NASDAQ: EGLE), but lowered the price target from $2.50 to $0.50. In the report, Citigroup noted, “Eagle reported 3Q13 EPS of ($2.22), worse than our ($1.40) target and consensus at...
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UPDATE: Citigroup Upgrades Safe Bulkers on Good Market Position
Tuesday, November 5, 2013 - 11:22am | 164Read More...In a report published Tuesday, Citigroup analyst Christian Wetherbee upgraded the rating on Safe Bulkers (NYSE: SB) from Neutral to Buy, and raised the price target from $6.00 to $10.00. In the report, Citigroup noted, “We are upgrading Safe Bulkers to Buy as the company is well positioned to grow...
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UPDATE: Citigroup Raises PT on Genesee & Wyoming on Solid 3Q Volumes
Monday, October 14, 2013 - 12:25pm | 169Read More...In a report published Monday, Citigroup analyst Christian Wetherbee reiterated a Neutral rating on Genesee & Wyoming (NYSE: GWR), and raised the price target from $94.00 to $100.00. In the report, Citigroup noted, “We have marked to market Genesee & Wyoming's carloads for 3Q, which were...
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UPDATE: Citigroup Raises PT on J.B. Hunt Transport Services Following Management Meeting
Friday, September 27, 2013 - 10:49am | 129Read More...In a report published Friday, Citigroup analyst Christian Wetherbee reiterated a Neutral rating on J.B. Hunt Transport Services (NASDAQ: JBHT), and raised the price target from $78.00 to $80.00. In the report, Citigroup noted, “We recently hosted a meeting with JB Hunt management and came away...
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UPDATE: Citigroup Raises PT on C.H. Robinson Worldwide on Slower Growth, Upside Risk
Tuesday, August 27, 2013 - 12:36pm | 166Read More...In a report published Tuesday, Citigroup analyst Christian Wetherbee reiterated a Neutral rating on C.H. Robinson Worldwide (NASDAQ: CHRW), and raised the price target from $59.00 to $60.00. In the report, Citigroup noted, “As we have previously noted, we believe that CH Robinson shares are likely...

