FedEx +1.1% on margin optimism from Credit Suisse

• FedEx (NYSE:FDX) is upgraded by Credit Suisse to an Outperform rating from Neutral.
• The investment firm increases its price target on the stock to $203.
• A shift in mix of more business for FedEx's U.S. Ground Network will be a boost to margins, reasons CS.
• FDX +1.08% premarket to $176.49.