Dec 27, 2013

Posted by in Stock Market News | 0 Comments

Stocks in the Spotlight: FedEx Corporation (NYSE:FDX), American Express Company (NYSE:AXP), Walter Energy, Inc. (NYSE:WLT), Dicks Sporting Goods Inc (NYSE:DKS)

FedEx Corporation (NYSE:FDX) rose 0.12 percent to $143.47 in the current trading session after Robert W. Baird lifted its price target for the company from $160 per share to $167 per share, in a research note sent to investors on Friday. FDX shares are trading in the range of $142.74 to $143.86 today. The company has a market capitalization of $44.80 billion and P/E ratio of 27.65.

American Express Company (NYSE:AXP) made a new 52-week high of $89.51 in the mid-day trading session today after Susquehanna raised its price target for the global service company from $80 per share to $90 per share, in a note written to investors on Friday. American Express shares are trading in the range of $88.82 to $89.51 today. The company has a market capitalization of $95.38 billion and P/E ratio of 21.03.

Walter Energy, Inc. (NYSE:WLT) rose 4.29 percent to $16.27 today on traded volume of 4.31 million shares. The 52-week range of the stock is $9.88 to $40.65. Walter Energy is engaged in the production and export of metallurgical coals for the steel industry across the globe. The company has a market capitalization of $1.02 billion.

Dicks Sporting Goods Inc (NYSE:DKS) is currently trading $57.51 with an average volume of 1.28 million shares. In a research note sent to investors today, Bank of America Corp increased its price target for DKS stock from $65 per share to $68 per share.  Dicks Sporting has a market capitalization of $7.23 billion and P/E ratio of 22.05.

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