Ravi Shanker

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...

Shipping and logistics company FedEx Corp (NYSE:FDX) is set to report second-quarter financial results after market close Tuesday, Dec. 19. Here's a look at the earnings estimates, what analysts are saying and key items for investors to watch. Earnings Estimates: FedEx is expected to report second-...

Shares of FedEx Corp (NYSE: FDX) spiked in early trading on Thursday after the company reported its quarterly results and gained market share. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley On FedEx Analyst Ravi...

Shares of FedEx Corp (NYSE: FDX) tanked in the premarket on Wednesday, even after the company reported better-than-expected earnings for its fiscal fourth quarter. Here are some key analyst takeaways from the earnings release: Morgan Stanley's Ravi Shanker reiterated an Equal-Weight rating,...

FedEx Corporation (NYSE: FDX) shares rose sharply after the company reported its fiscal second quarter adjusted earnings ahead of the consensus estimates, despite a revenue miss. Here are the analyst ratings: Oppenheimer analyst Scott Schneeberger maintained a Perform rating for the stock....

Most airline stocks have lost altitude in a difficult 2022 environment, but one Wall Street analyst said Monday that 2023 could be a big year for airlines. Morgan Stanley analyst Ravi Shanker issued the following changes to his airline coverage: Reiterated Overweight rating for American Airlines...

Delta Air Lines, Inc. (NYSE: DAL) Thursday reported its third-quarter revenue ahead of Street expectations but its earnings missed expectations. Morgan Stanley On Delta Air Lines Analyst Ravi Shanker maintained an Overweight rating and a price target of $65. The company’s quarterly results...

FedEx Corp. (NYSE: FDX) reported weaker-than-expected fiscal first-quarter results, with earnings of $3.44 per share on revenues of $23.2 billion. Three analysts provide their takes on the Atlanta-based logistics company and its management. Morgan Stanley Analyst Ravi Shanker reiterated an Equal-...

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 Corp (NYSE: FDX) is trading lower Friday morning despite announcing better-than-expected financial results. What Happened: FedEx reported fourth-quarter earnings of $5.01 per share after the close Thursday, which beat the estimate of $4.99 per share. The company reported quarterly...

FedEx Corp. (NYSE: FDX) ground delivery unit, FedEx Ground, has become the tail that wags the corporate dog. So when the tail is perceived to be dragging, the dog's currency — namely its share price — takes a hit. The day after the Memphis, Tennessee-based giant posted fiscal 2021 second-quarter...

Analysts are out with reactions and price target changes after FedEx Corporation (NASDAQ: FDX) reported strong quarterly earnings. FedEx reported second-quarter earnings of $4.87 per share, which beat the analyst consensus estimate of $2.69. The company reported quarterly sales of $19.30 billion,...

The airline sector will see an eventual recovery in traffic, and investors should hold an attractive view of the industry, according to Morgan Stanley. The Airline Analyst: Ravi Shanker initiated coverage of the following airline stocks: Alaska Air Group, Inc. (NYSE: ALK) at Equal-weight, $46 price...

Amazon.com, Inc. (NASDAQ: AMZN) is in late-stage talks to acquire Zoox, a budding robo-taxi service. Zoox’s hardware and software assets could be a boon for Amazon, but a bane for automotive players fighting to retain market share. Morgan Stanley analysts led by Adam Jonas maintained an...

The second and third quarters could see "substantial" declines in revenue for the Class I railroads as North America rides out the coronavirus pandemic, according to Wall Street analysts' perspectives, provided ahead of the first-quarter earnings season. Kansas City Southern (NYSE: KSU) will...