UPS shares are trading lower after Barclays downgraded the stock from Equal-Weight to Underweight.
Portfolio Pulse from Benzinga Newsdesk
UPS shares are experiencing a decline following a downgrade by Barclays from Equal-Weight to Underweight.
October 21, 2024 | 1:15 pm
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NEGATIVE IMPACT
UPS shares are trading lower after Barclays downgraded the stock from Equal-Weight to Underweight, indicating a negative outlook.
The downgrade by Barclays suggests a negative outlook on UPS, leading to a decrease in investor confidence and a drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100