Wells Fargo Maintains Overweight on United Parcel Service, Raises Price Target to $142
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Christian Wetherbee has maintained an Overweight rating on United Parcel Service (UPS) and increased the price target from $134 to $142.
October 10, 2024 | 3:23 pm
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Wells Fargo has reaffirmed its Overweight rating on UPS and increased the price target to $142, indicating a positive outlook on the stock.
The increase in price target from $134 to $142 by Wells Fargo suggests a positive sentiment towards UPS's future performance. The Overweight rating indicates that the analyst expects UPS to outperform the average total return of stocks in the analyst's coverage universe over the next 12 months.
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