The shipping company’s stock is looking more attractive as it prepares to spin out its freight business on June 1, per JPMorgan.
FedEx stock should gain ground after the shipping giant spins off its struggling freight business, according to JPMorgan. The investment bank upgraded the delivery name to overweight from neutral. It also raised its price target on shares to $460 fro… [1376 chars]
Source: CNBC | Published: 2026-05-27T11:39:50Z
Credit: CNBC
