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Brown Cafe UPS Forum
The Latest UPS Headlines
Why Goldman Sachs Says Buy UPS, Still Likes FedEx
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<blockquote data-quote="cheryl" data-source="post: 1631937" data-attributes="member: 1"><p><a href="http://blogs.barrons.com/stockstowatchtoday/2015/05/15/why-goldman-sachs-says-buy-ups-still-likes-fedex/" target="_blank"><strong>Why Goldman Sachs Says Buy UPS, Still Likes FedEx - Barrons</strong></a></p><p></p><p>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.</p></blockquote><p></p>
[QUOTE="cheryl, post: 1631937, member: 1"] [URL='http://blogs.barrons.com/stockstowatchtoday/2015/05/15/why-goldman-sachs-says-buy-ups-still-likes-fedex/'][B]Why Goldman Sachs Says Buy UPS, Still Likes FedEx - Barrons[/B][/URL] 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. [/QUOTE]
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