Goldman Sachs analyst Jordan Alliger lowered the firm’s price target on UPS to $162 from $165 and keeps a Buy rating on the shares. The firm slightly lowered its Q3 EPS view to $1.58 from $1.60 and took down its Q4 EPS forecast to $2.46 from $2.64 as it lowered expectations for Domestic volume and yield growth, the analyst tells investors in a preview.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UPS: