BofA analyst Ken Hoexter raised the firm’s price target on Expeditors (EXPD) to $124 from $120 and keeps a Neutral rating on the shares after the company posted Q4 EPS of $1.68, above the firm’s $1.37 and the Street’s $1.43 estimates. Following the quarterly report, the firm raised its FY25 and FY26 EPS estimates 3% each to $5.60 and $6.10, respectively.
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Read More on EXPD:
- Expeditors reports Q4 EPS $1.68, consensus $1.44
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- Expeditors price target lowered to $120 from $129 at BofA
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