Oppenheimer Maintains Outperform on United Parcel Service, Raises Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Scott Schneeberger maintains an Outperform rating on United Parcel Service (UPS) and raises the price target from $153 to $157.
April 24, 2024 | 11:36 am
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POSITIVE IMPACT
Oppenheimer maintains an Outperform rating on UPS and increases the price target to $157.
The upgrade in the price target by a reputable analyst like Scott Schneeberger signals a strong confidence in UPS's future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in UPS's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100