JPMorgan Recommends FedEx Stock Ahead of Freight Business Spinoff

JPMorgan analysts have rated FedEx stock as a buy, citing the company's upcoming spinoff of its freight business on June 1 as a factor making the stock more attractive.

27 May, 11:39 — 27 May, 11:39

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cnbcMostly Factual11h ago

FedEx is a buy as freight business spinoff approaches, JPMorgan says

The shipping company's stock is looking more attractive as it prepares to spin out its freight business on June 1, per JPMorgan.

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JPMorgan Recommends FedEx Stock Ahead of Freight Business Spinoff

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FedEx is a buy as freight business spinoff approaches, JPMorgan says

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