JP Morgan Maintains Neutral on United Parcel Service, Lowers Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on United Parcel Service (NYSE:UPS) but lowers the price target from $150 to $144.
July 24, 2024 | 2:23 pm
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JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on United Parcel Service (NYSE:UPS) and lowers the price target from $150 to $144.
The Neutral rating suggests that the analyst does not expect significant short-term movement in the stock price. However, the lowered price target indicates a slightly more cautious outlook, which could lead to minor negative sentiment among investors.
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