JP Morgan Maintains Neutral on United Parcel Service, Lowers Price Target to $139
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on United Parcel Service (UPS) and slightly lowers the price target from $140 to $139.
October 25, 2024 | 4:05 pm
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NEUTRAL IMPACT
JP Morgan's analyst maintains a Neutral rating on UPS and slightly lowers the price target from $140 to $139, indicating a cautious outlook.
The Neutral rating suggests that the analyst does not expect significant upside or downside in the short term. The slight reduction in the price target from $140 to $139 indicates a minor adjustment in expectations, which is not likely to cause a significant impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100