BMO Capital Maintains Market Perform on United Parcel Service, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun has maintained a 'Market Perform' rating on United Parcel Service (UPS) but has reduced the price target from $165 to $160.
January 31, 2024 | 5:36 pm
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BMO Capital has maintained a 'Market Perform' rating on UPS and lowered the price target from $165 to $160.
The reduction in price target by BMO Capital suggests a slightly less optimistic outlook for UPS, which could lead to a negative perception among investors and potentially a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100