UPS price target lowered to $173 from $180 at Susquehanna

Susquehanna analyst Bascome Majors lowered the firm’s price target on UPS to $173 from $180 and keeps a Neutral rating on the shares. The analyst said domestic margins have driven UPS sentiment since e-commerce began chipping away at them 10 years ago, and that cut is likely weighing on shares more than the international and SCS cuts.