IN Tune: FedEx: Deeper & Bolder DRIVE Needed
IN Tune: FedEx: Deeper & Bolder DRIVE Needed
Transportation Analyst
Fadi joined BMO Capital Markets Equity Research in 2010. Prior to that, Fadi had 10 years’ experience in equity research at another investment dealer in Toron…
Fadi joined BMO Capital Markets Equity Research in 2010. Prior to that, Fadi had 10 years’ experience in equity research at another investment dealer in Toron…
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IN Tune is a podcast featuring Equity Research analysts from BMO Capital Markets. Our episodes explore key emerging themes, trends, and issues which are important to our institutional clients globally.
Fadi Chamoun and John Stephenson join this edition of our IN Tune podcast to discuss their recent report on FedEx and its well-received cost reduction plan. Although the plan is sizeable and recent results are favorable, they argue that the program needs to be deeper and bolder and see the risk/reward in the stock as more balanced despite the encouraging steps FDX has taken to improve efficiency.
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