Citigroup Initiates Coverage On United Parcel Service with Buy Rating, Announces Price Target of $162
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ariel Rosa has initiated coverage on United Parcel Service (UPS) with a Buy rating and set a price target of $162.

October 09, 2024 | 2:27 pm
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POSITIVE IMPACT
Citigroup has initiated coverage on UPS with a Buy rating and a price target of $162, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target by a major financial institution like Citigroup is likely to positively influence investor sentiment and could lead to an increase in UPS's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100