Redburn Atlantic Upgrades United Parcel Service to Buy, Announces $180 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Oliver Holmes upgrades United Parcel Service (NYSE:UPS) from Neutral to Buy and sets a $180 price target.

April 03, 2024 | 9:21 am
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United Parcel Service was upgraded from Neutral to Buy by Redburn Atlantic analyst Oliver Holmes, with a new price target of $180.
Analyst upgrades typically lead to positive short-term price movements as they reflect a positive outlook on the company's future performance. The upgrade from Neutral to Buy suggests a strong confidence in UPS's potential for growth, and the $180 price target indicates a significant upside from the current trading price. This could attract more investors to the stock, driving up its price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100