@4headtrade's post on eToro.com
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🔔Mid Day Trading Update🔔
📅Friday 24/6/2022📅
🟢Bullish Activity🟢
$FDX
Shares are flying higher after the package delivery giant reported Q4 earnings of $6.87 per share $0.01 miss on revenue that rose 8.1% YOY to $24.39B below the $24.56B consensus. The company forecasts upside guidance as fiscal-year 2023 EPS is expected to come in a range of $22.50-24.50, compared to the $22.40 consensus. The June 24th 250.00 call being the highest volume contract.
$WOLF
Also to the upside after Goldman Sachs upgraded the provider of silicon carbide and allium nitride materials to Buy from Neutral, while lowering their price target on the stock to $108.00 from $125.00. Goldman Sachs analyst Brian Lee stated "… we're tactically more bullish given the most significant EPS inflection in the company's history is now a near-to-medium term event, improved execution and maturing ramp-up of new capacity sets the pace for potential topline/margin beats and the entry point is more attractive than it's b