HSBC Initiates Coverage On United Parcel Service with Hold Rating, Announces Price Target of $170
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Parash Jain has initiated coverage on United Parcel Service (UPS) with a Hold rating and a price target of $170.
September 29, 2023 | 10:30 am
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HSBC has initiated coverage on UPS with a Hold rating and a price target of $170.
The news is directly about UPS and is likely to influence investor sentiment. A Hold rating suggests that the stock is expected to perform in line with the market or the sector in the next 12 months, which is neutral news. The price target of $170 may influence the stock price if it's significantly different from the current price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100