FEDEX - BULLISH SCENARIO
FedEx is scheduled to report its fiscal Q3 2022 results on Thursday, March 17.
Revenues and EPS are expected to be above the consensus estimates.
With an average target price of $308.42, FedEx seems like a good opportunity today for long-term investors.
The first resistance is located at $238.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Revenues and EPS are expected to be above the consensus estimates.
With an average target price of $308.42, FedEx seems like a good opportunity today for long-term investors.
The first resistance is located at $238.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
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