Stifel Maintains Buy on United Parcel Service, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan has reaffirmed a Buy rating on United Parcel Service (UPS) and increased the price target from $180 to $190.
January 10, 2024 | 3:55 pm
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Stifel analyst J. Bruce Chan maintains a Buy rating on UPS and raises the price target from $180 to $190, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100