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UPS Stock Just Got Upgraded. The Bottom Might Be Here.
UPS Stock Just Got Upgraded. The Bottom Might Be Here. -- Barrons.com
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Major Firm Rating | BMO Capital: Upgraded United Parcel Service rating to "Outperform" and lowered Target Price to $150.
Gelonghui December 10 | BMO Capital upgraded United Parcel Service's (UPS) rating from "Market Perform" to "Outperform," while lowering the Target Price from $155 to $150. The firm stated that UPS's performance during the COVID-19 pandemic was better than expected, and under new leadership over the past four years, execution has improved. In the face of intense competition in the last mile Transportation sector, the structural reduction of business-to-consumer (B2C) density remains a risk. (Gelonghui)
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