Ken Hoexter

Shares of FedEx Corp (NYSE:FDX) are falling on Tuesday, after the spin-off of FedEx Freight Holding Company Inc (NYSE:FDXF). The independent public company is now the largest less-than-truckload (LTL) provider in North America. BofA Securities analyst Ken Hoexter maintained a Buy rating on FedEx,...

FedEx Corp (NYSE:FDX) hosted its analyst day on Thursday ahead of the spinout of its largest less-than-truckload (LTL) carrier, FedEx Freight (FDXF). The company announced medium-term targets, which appear to be "fairly conservative and achievable," according to BofA Securities analyst Ken Hoexter...

While CSX Corp's (NASDAQ:CSX) volume growth has been disappointing so far in the fourth quarter, CFO Kevin Boone has projected $40 million in additional costs, according to Bank of America Securities. The CSX Analyst: Analyst Ken Hoexter maintained a Buy rating and a $41 price target. The CSX...

Knight-Swift Transportation Holdings Inc's (NYSE:KNX) earnings are likely to have bottomed and are poised to recover with "improving spot rate dynamics," according to BofA Securities. The Knight-Swift Transportation Analyst: Analyst Ken Hoexter upgraded the rating from Neutral to Buy, while raising...

Shares of FedEx Corp (NYSE:FDX) were down Wednesday, despite the company reporting upbeat fiscal fourth-quarter results on Tuesday. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On FedEx Analyst Ken Hoexter reiterated a Buy rating,...

Logistics and transportation giant FedEx Corporation (NYSE:FDX) could provide a snapshot of the sector’s performance when it reports fourth-quarter financial results after the market closes on Tuesday. Here's a look at the earnings estimates, what experts are saying ahead of the report, and...

United Parcel Service, Inc. (NYSE:UPS) Thursday reported its first revenue beat in 10 quarters. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Stifel analyst Bruce Chan maintained a Buy rating, while lifting the price target from $151 to $...

FedEx Corp (NYSE:FDX) could provide a look at how shipping demand is shaping up and ease analysts’ concerns about the macro environment when the company reports first-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect FedEx to report first-quarter...

Transportation company FedEx Corporation (NYSE:FDX) was sized up by analysts after reporting fourth-quarter results that beat estimates. The FedEx Analysts: Goldman Sachs analyst Jordan Alliger had a Buy rating and raised the price target from $316 to $333. Bank of America analyst Ken Hoexter had a...

CSX Corp (NASDAQ:CSX) shares have been in focus after U.S. Sen. Tommy Tuberville‘s latest regulatory filing. CSX also reported its first-quarter results on Wednesday, which came amid an exciting earnings season. Here are some key analyst takeaways from the release. BofA Securities On CSX Analyst...

Shares of FedEx Corp (NYSE: FDX) jumped in early trading on Friday, after the company raised its earnings guidance. Raymond James analyst Tyler Brown maintained a Market Perform rating on the stock. Oppenheimer analyst Scott Schneeberger reiterated a Perform rating on the stock. Stephens analyst...

Shares of Union Pacific Corporation (NYSE: UNP) jumped in early trading on Monday. The spike in share price comes after the Omaha, Nebraska-based company announced over the weekend that chairman and CEO Lance Fritz would step down in 2023. Meanwhile, investor Soroban Capital is calling for...

FedEx Corporation (NYSE: FDX) released its fiscal first-quarter financial results on Thursday afternoon after pre-releasing the numbers on Sept. 15. Management commentary spooked investors that a global recession may be imminent. FedEx's profits fell well short of Wall Street's expectations...

FedEx Corporation’s (NYSE: FDX) stock dropped on Friday morning following its pre-earnings report on the status of the world economy, which some experts are referring to as a post-COVID-19 pandemic unwind. Markets in Turmoil? On Friday, the Dow lost 1%, Nasdaq fell 1.59% and...

FedEx Corporation (NYSE: FDX) shares traded higher by 7% on Friday after the conglomerate reported fiscal fourth-quarter earnings that were better than analysts had feared. On Thursday, FedEx reported fourth-quarter adjusted EPS of $6.87, in-line with consensus analyst estimates. Revenue for the...