Deutsche Bank just lowered its 2014 earnings estimate and target for FDX. Amazingly, despite all the headwinds the target still sits at $125. I think it's fair to say that the absurd EPS expectations for FDX simply have to come down. I should think $7/share would be reasonable. So, if FDX were to climb to $110, it's new P/E would be 15.7. That would just about equal to UPS. Of course we pay 4X+ the dividend and have yet to employ a dramatic cost cutting initiative. So, given these factors, which company would appear to be the better selection?