Loop Capital Downgrades United Parcel Service to Hold, Announces $195 Price Target
Portfolio Pulse from richadhand@benzinga.com
Loop Capital analyst Rick Paterson has downgraded United Parcel Service (UPS) from Buy to Hold and set a price target of $195.

August 09, 2023 | 12:26 pm
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United Parcel Service has been downgraded from Buy to Hold by Loop Capital, with a price target of $195.
The downgrade from Buy to Hold by Loop Capital indicates a less optimistic outlook for UPS, which could potentially lead to a short-term decrease in the stock price. The price target of $195, however, suggests that the analyst still sees some upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100