UPDATE: Goldman Sachs Downgrades FedEx on Balanced Risk/Reward Profile
September 19, 2013 at 08:49 AM EDT
In a report published Thursday, Goldman Sachs analyst Tom Kim downgraded the rating on FedEx Corporation (NYSE: FDX ) from Buy to Neutral, but raised the price target from $112.00 to $116.00. In the report, Goldman Sachs noted, “We are downgrading FDX to Neutral from Buy, as we believe the
