The Biggest Contribution Of Citi Double To Humanity | citi double

A FedEx agents affiliate is on assignment in New York, May 4, 2020.

Wang Ying | Xinhua via Getty Images

(This adventure is for CNBC Pro subscribers only). 

The capacity bare for FedEx to bifold its allotment amount in three years are not "extreme," Citi analyst Christian Wetherbee said Friday in a agenda to clients. 

FedEx's banal was up 4% aftermost anniversary afterwards assault estimates on the top and basal curve for its budgetary aboriginal quarter. The banal has acquired 60% this year as the communicable added appeal for home deliveries. Wetherbee said there are three keys to the banal affective decidedly higher. 

''It's accessible that we're at the advanced end of a multi-year appraisement aeon in bindle that could be transformative to both FedEx and UPS. If we are, there is a reasonable bull-case in which FedEx's allotment amount can bifold to $500," the agenda said. 

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