Wells Fargo Initiates Coverage On United Parcel Service with Overweight Rating, Announces Price Target of $156
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on United Parcel Service (UPS) with an Overweight rating and set a price target of $156.

June 07, 2024 | 2:16 pm
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POSITIVE IMPACT
Wells Fargo has initiated coverage on United Parcel Service (UPS) with an Overweight rating and a price target of $156.
The initiation of coverage with an Overweight rating and a specific price target of $156 by a major financial institution like Wells Fargo is likely to positively influence investor sentiment and could lead to a short-term increase in UPS's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100