Cowen Upgrades FedEx To Outperform

Analysts at Cowen & Company upgraded FedEx

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.