Deutsche (NYSE:DB) Adds FedEx (NYSE:FDX) to Short-Term Buy List

With their busiest season upon them, FedEx (NYSE:FDX) predictably was added to the short-term buy list of Deutsche Bank (NYSE:DB).

Initial trading on Monday was slow for FedEx, as ther were trading down a little, but share price rebounded as the trading day went on.

FedEx closed Monday at $87.34, climbing by $0.55, or 0.63 percent. Trading volume was about level with the 3-month daily average.

Deutsche Bank has a price target on FedEx of $115 while maintaining a "Buy" rating on them.