Susquehanna Maintains Neutral on United Parcel Service, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors has maintained a Neutral rating on United Parcel Service (UPS) and reduced the price target from $155 to $150.
January 31, 2024 | 3:54 pm
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NEUTRAL IMPACT
Susquehanna has maintained a Neutral rating on UPS and lowered the price target from $155 to $150, indicating a potential limited upside or downside.
The adjustment in price target by Susquehanna reflects a modest change in valuation expectations for UPS, likely due to updated analysis of the company's prospects. The Neutral rating suggests that the analyst sees neither significant upside nor downside risks in the short term, which could lead to a relatively stable stock price movement. The confidence level is high due to the direct mention of UPS and the specific action taken by the analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100