FedEx on watch after Barclays upgrade

• Barclays upgrades FedEx (NYSE:FDX) to an Overweight rating after having the shipper lined up at Equalweight.
• The investment firm lifts its price target by 17% to $205. The updated PT implies 24% upside potential for FedEx shares.
• FDX +0.43% premarket to $165.50
• Now read FedEx Gaining Efficiency, Offers Great Investment Opportunity