B of A Securities Maintains Neutral on United Parcel Service, Lowers Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter maintains a Neutral rating on United Parcel Service (NYSE:UPS) but lowers the price target from $158 to $132.
July 24, 2024 | 4:41 pm
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B of A Securities has maintained a Neutral rating on United Parcel Service (UPS) but has lowered the price target from $158 to $132.
The lowered price target from $158 to $132 by B of A Securities suggests a less optimistic outlook for UPS, which could negatively impact the stock price in the short term. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target is likely to weigh on investor sentiment.
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IMPORTANCE 80
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