UPS shares dropped after missing Q2 earnings estimates and receiving mixed analyst reports.

UPS shares dropped 0.6% to close at $133.82 amid mixed analyst reports. Barclays reduced its target from $145 to $120, while Citigroup set a "buy" rating with a $162 target. The company reported Q2 earnings of $1.79 per share on $21.82 billion revenue, missing estimates. Despite this, the consensus rating remains "Moderate Buy" with a target of $151.24. UPS announced a quarterly dividend of $1.63, yielding 4.84%.