JP Morgan Maintains Neutral on United Parcel Service, Raises Price Target to $186
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on United Parcel Service (UPS) and raises the price target from $181 to $186.
August 09, 2023 | 4:41 pm
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POSITIVE IMPACT
JP Morgan maintains a Neutral rating on UPS and raises the price target from $181 to $186, indicating a potential upside.
The raised price target by JP Morgan indicates a potential upside for UPS. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 6-12 months, which means the impact might not be immediate.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100