FedEx downgraded to equal-weight at Morgan Stanley on higher fuel prices

Discussion in 'The Latest FedEx Headlines' started by cheryl, Jul 30, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx downgraded to equal-weight at Morgan Stanley on higher fuel prices - Trading Markets

    Package carriers face potentially far-reaching changes in air shipping patterns because of high fuel prices, according to Morgan Stanley, which downgraded FedEx Corp. Wednesday to equal-weight from overweight and maintained its equal-weight rating on United Parcel Service Inc.