BMO Capital Maintains Market Perform on United Parcel Service, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun maintains a Market Perform rating on United Parcel Service (NYSE:UPS) but lowers the price target from $169 to $155.
July 24, 2024 | 11:12 am
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BMO Capital has maintained its Market Perform rating on United Parcel Service (UPS) but has lowered the price target from $169 to $155.
The lowered price target from $169 to $155 suggests a less optimistic outlook for UPS, which could negatively impact the stock price in the short term. However, the Market Perform rating indicates that the stock is expected to perform in line with the market.
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