HSBC Maintains Hold on United Parcel Service, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Parash Jain maintains a Hold rating on United Parcel Service (UPS) and lowers the price target from $155 to $150.
March 28, 2024 | 4:33 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
HSBC maintains a Hold rating on UPS and reduces the price target from $155 to $150.
The reduction in price target by HSBC indicates a less optimistic outlook on UPS's stock price in the short term. This adjustment could lead to a negative perception among investors, potentially impacting the stock's performance negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100