BMO Capital Maintains Market Perform on United Parcel Service, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun maintains a Market Perform rating on United Parcel Service (UPS) and raises the price target from $160 to $165.
March 27, 2024 | 12:05 pm
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POSITIVE IMPACT
BMO Capital maintains a Market Perform rating on UPS and raises the price target from $160 to $165.
The increase in the price target by BMO Capital suggests a positive outlook on UPS's stock performance in the short term. This adjustment reflects an expectation of stronger performance or favorable conditions for UPS, likely leading to increased investor confidence and potentially a rise in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100