Atlantic Equities Initiates Coverage On United Parcel Service with Neutral Rating, Announces Price Target of $162
Portfolio Pulse from richadhand@benzinga.com
Atlantic Equities analyst Oliver Holmes initiates coverage on United Parcel Service (NYSE:UPS) with a Neutral rating and announces a price target of $162.
June 06, 2023 | 12:28 pm
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NEUTRAL IMPACT
United Parcel Service (UPS) receives a Neutral rating and a price target of $162 from Atlantic Equities analyst Oliver Holmes.
The initiation of coverage by Atlantic Equities with a Neutral rating and a price target of $162 for UPS indicates that the analyst sees limited upside potential for the stock in the short term. This news may not have a significant impact on the stock price, as the rating is neutral and the price target is not far from the current trading price. However, it may still be relevant for investors to consider this new analysis when making investment decisions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100