FedEx shares gain, analysts unfazed by outlook

SAN FRANCISCO (MarketWatch) — FedEx Corp. shares gained more than 2% to $96.18 in early trading on Tuesday a day after the shipping giant said that brutal winter weather and rising fuel costs hurt its third-quarter results. But Wall Street analysts stood by the stock in the wake of the warning. S&P Equity Research analyst Jim Corridore was just one of many who stayed upbeat on the shares …

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