Baird Upgrades United Parcel Service to Outperform, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Benjamin Hartford upgrades United Parcel Service (UPS) from Neutral to Outperform and raises the price target from $165 to $170.

February 16, 2024 | 12:28 pm
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Baird upgrades United Parcel Service (UPS) to Outperform and raises the price target to $170.
Analyst upgrades typically lead to positive short-term price movements as they reflect a positive outlook on the company's future performance. The increase in price target from $165 to $170 by Baird indicates a strong confidence in UPS's ability to outperform the market, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100