FedEx Shares Jump as Analyst Upgrades and Operational Risks Ease
FedEx stock rose 3.3% to $319.90 in mid-day trading after a wave of analyst upgrades, an improved company-specific outlook and the resolution of a notable labor risk. Upgrades from Barclays and Stephens, a stronger consensus among analysts, the ratification of a pilot contract and recent strategic divestitures combined to bolster sentiment for the …