UBS Upgrades United Parcel Service to Buy, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz upgraded United Parcel Service (UPS) from Neutral to Buy and increased the price target from $160 to $175.
February 06, 2024 | 12:58 pm
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UBS upgraded United Parcel Service (UPS) from Neutral to Buy and raised the price target from $160 to $175.
An upgrade from Neutral to Buy by a major analyst like UBS, accompanied by a significant increase in the price target, is a strong positive signal for the stock. It suggests a bullish outlook on the company's future performance and is likely to influence investor sentiment positively in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100