Raymond James Maintains Strong Buy on United Parcel Service, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown maintains a Strong Buy rating on United Parcel Service (UPS) but lowers the price target from $205 to $200.
September 29, 2023 | 12:24 pm
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Raymond James maintains a Strong Buy rating on UPS but lowers the price target from $205 to $200. This could potentially impact the stock's performance.
The news of Raymond James maintaining a Strong Buy rating on UPS but lowering the price target could have mixed effects on the stock. While the Strong Buy rating is positive, the lowered price target might cause some investors to reassess their positions, potentially leading to short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100