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Will This Upgrade Help FedEx (FDX) Stock Today?

NEW YORK (TheStreet) — FedEx Corp. was upgraded to "sector perform" from "underperform" at RBC Capital this morning. The firm said it raised its rating on the delivery company based on its ability to continue to execute and repurchase shares, and its strong 2014 fourth quarter results. FedEx reported earnings of $2.46 per diluted share for the most recent quarter, compared to $2.13 per diluted …

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