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JPMorgan Downgrades FedEx (FDX) to Neutral

June 20, 2013 7:09 AM
JPMorgan downgraded FedEx (NYSE: FDX) from Overweight to Neutral with a price target of $108.00 (from $116.00) following Q4 results, outlook.

For an analyst ratings summary and ratings history on FedEx click here. For more ratings news on FedEx click here.

Shares of FedEx closed at $100.54 yesterday, with a 52 week range of $83.92-$109.66.

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