Why Goldman Sachs Says Buy UPS, Still Likes FedEx

Discussion in 'The Latest UPS Headlines' started by cheryl, May 15, 2015.

  1. cheryl

    cheryl I started this. Staff Member

    Why Goldman Sachs Says Buy UPS, Still Likes FedEx - Barrons

    We upgrade United Parcel Services stock to Buy from Neutral, which has 18% upside potential to our increased 12-month price target of $119. In our view, the risk/reward proposition is skewed positively. The stock has declined 9% ytd and the valuation is below its long-term mean, implying limited downside risk, in our view. Furthermore, EPS estimates look somewhat conservative after the prior results.