Raymond James Maintains Strong Buy on United Parcel Service, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown has reaffirmed a Strong Buy rating on United Parcel Service (UPS) and increased the price target from $170 to $185.
January 16, 2024 | 1:00 pm
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POSITIVE IMPACT
Raymond James analyst reaffirms a Strong Buy rating on UPS and raises the price target to $185.
The reaffirmation of a Strong Buy rating and an increase in the price target by a reputable analyst like Patrick Tyler Brown from Raymond James is a positive signal for investors, suggesting a bullish outlook on UPS. This could lead to increased investor confidence and a potential short-term rise in UPS's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100