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.
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.
