Analysts at Cowen & Company upgraded FedEx FDX from Market Perform to Outperform.
The target price for FedEx has been raised from $155 to $210.
FedEx shares have jumped 40.44% over the past 52 weeks, while the S&P 500 index has gained 17.21% in the same period.
FedEx's shares rose 0.14% to $160.00 in pre-market trading.
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