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How will FedEx (FDX) Stock Be Affected By This Downgrade?

NEW YORK (TheStreet) — Shares of FedEx Corp.  were downgraded this morning to "equal weight" at Barclays with a lowered price target of $140. The stock is down -1.10% to $137.02 in pre-market tradeThe firm said that while "shares are up nearly 50% in the last 12 months driven by a flurry of excitement surrounding the company's profit improvement plan, a historical share buyback and high profile …

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