HSBC lowered the firm’s price target on UPS (UPS) to $150 from $155 and keeps a Hold rating on the shares. The analyst says the company’s “ambitious” fiscal 2026 revenue guidance is likely to be funded by elevated spending and acquisitions, limiting free cash flow and dividend payouts. HSBC prefers shares of FedEx (FDX) and Deutsche Post (DHLGY) on better earnings visibility.
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