Despite beating earnings and raising its dividend, UPS's stock slightly dropped midday Tuesday.

UPS's stock price dipped 0.2% midday Tuesday despite positive upgrades from several analysts. The company beat earnings estimates with $1.76 per share, up from $1.63, and reported $22.20 billion in revenue. UPS declared a quarterly dividend of $1.63, yielding 5.21%. Insiders and institutional investors have made various trades, with some buying and others selling. The stock has a "Moderate Buy" consensus rating and a target price of $151.10.

2 months ago
9 Articles