Home / FedEx / FedEx rises, analyst softens tone after downgrade (AP via Yahoo! Finance)

FedEx rises, analyst softens tone after downgrade (AP via Yahoo! Finance)

Shares of FedEx Corp. rose Tuesday as a Stifel Nicolaus analyst who recently downgraded the stock gave a more upbeat outlook for the freight shipper, which has been hurt as recession undermines demand for shipping.

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