UBS Maintains Buy on United Parcel Service, Lowers Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz maintains a Buy rating on United Parcel Service (NYSE:UPS) but lowers the price target from $175 to $159.
July 24, 2024 | 3:36 pm
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UBS analyst Thomas Wadewitz maintains a Buy rating on United Parcel Service (NYSE:UPS) but lowers the price target from $175 to $159.
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 70
RELEVANCE 100