Oppenheimer has downgraded shares of shipping company FedEx and believes the company has a lot to prove in the next few quarters. The firm has downgraded FedEx from “outperform” to “perform” citing the company’s earnings miss and weak forecast. “With Express/Ground margins well below historical trend, we anticipate FedEx to be a ‘show me’ story … Continue reading “Oppenheimer Has Doubts About Fedex After Company Reports Earnings”
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