Analyst Oliver Holmes upgrades UPS stock rating to "buy" with a $180 target, projecting an 18% gain.
Analyst Oliver Holmes raised UPS stock rating from "neutral" to "buy" with a $180 target, indicating a potential 18% gain, based on the company's nearing of a trough in key metrics like volume and margin. UPS's 2026 targets include focusing on small and medium-sized businesses and healthcare revenue, and cost-saving investments in technology and site consolidations. However, concerns remain about meeting the company's full-year 2024 guidance, which could affect stock performance in late April.
April 07, 2024
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