UPS price target lowered to $180 from $185 at BMO Capital

BMO Capital lowered the firm’s price target on UPS to $180 from $185 and keeps a Market Perform rating on the shares. The company’s Q1 results were weaker than expected in the international segments, even though this was partially offset by stronger U.S. Domestic operations, the analyst tells investors in a research note. BMO adds however that demand weakness in the U.S. is gaining momentum through Q1, and the outlook for the balance of year is softer than originally anticipated.