B of A Securities Maintains Neutral on United Parcel Service, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter maintains a Neutral rating on United Parcel Service (UPS) and raises the price target from $157 to $160.

April 24, 2024 | 5:30 pm
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POSITIVE IMPACT
B of A Securities maintains a Neutral rating on UPS and increases the price target to $160.
The increase in price target by B of A Securities suggests a positive outlook on UPS's stock performance in the short term, despite maintaining a Neutral rating. This adjustment reflects an analyst's confidence in the company's potential to reach or exceed the new target, likely due to underlying factors not detailed in the article. Investors may view this as a sign of stability or modest growth potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100