BofA raised the firm’s price target on UPS to $160 from $157 and keeps a Neutral rating on the shares after the company exceeded a “lowered” Q1 bar and reiterated its full year revenue target of $92B-$94.5B.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UPS:
- UPS CEO says ‘no intent to cut dividend,’ looking to raise dividend every year
- UPS says examining strategic options on pensions
- UPS CEO says ‘even more confident’ in FY24 guidance, too early to change
- UPS says announcing fuel surcharge later today
- UPS CEO says ‘delighted’ to have won air cargo contract from USPS