Morgan Stanley Maintains Underweight on FedEx, Lowers Price Target to $160

Benzinga Newsdesk www.benzinga.com Negative 92.4%

Neg 92.4% Neu 0% Pos 0%

Morgan Stanley analyst Ravi Shanker maintains FedEx (NYSE:FDX) with a Underweight and lowers the price target from $230 to $160.