GeneralBullishBlockonomi · 3h ago6/10
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FedEx (FDX) Stock Soars to Record High on J.P. Morgan Upgrade Ahead of Freight Spinoff
FedEx stock reached an all-time high following J.P. Morgan's upgrade to Buy rating with a $460 price target, driven by investor optimism ahead of the company's planned June freight spinoff. The analyst upgrade signals confidence in FedEx's strategic restructuring and the potential value creation from separating its freight operations.