Stifel Maintains Buy on United Parcel Service, Lowers Price Target to $151
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst J. Bruce Chan maintains a Buy rating on United Parcel Service (NYSE:UPS) but lowers the price target from $170 to $151.

July 24, 2024 | 1:08 pm
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Stifel analyst J. Bruce Chan maintains a Buy rating on United Parcel Service (NYSE:UPS) but lowers the price target from $170 to $151.
The Buy rating suggests continued confidence in UPS's long-term performance, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100