Alex Johnson

UBS upgraded shares of C.H. Robinson Worldwide Inc (NASDAQ: CHRW), suggesting that rising visibility to cyclical drives makes the downside case less likely. As such, UBS upgraded shares of the company from Sell to Neutral and also lifted its price target from $65 to $75. At the time of...

FedEx Corporation (NYSE: FDX) reported after the market close on Tuesday adjusted third-quarter earnings that sorely missed estimates, while its revenues were in line. The company blamed the earnings miss on the negative net impact of fuel, one fewer operating day at FedEx Express and FedEx...