Expeditors (NASDAQ:EXPD) today had its estimates reduced by Credit Suisse (NYSE:CS) due to softness in the air freight business. A $48 price target was issued with a neutral rating.
Shares are lower by almost 2.7 percent.
General Electric (NYSE:GE) today had its estimates lowered by Morgan Stanley (NYSE:MS), as the company has failed to deliver operating leverage. A $21 price target was set with an overweight rating.
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