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Analyst Praise Sends United Parcel Service Stock Higher
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<blockquote data-quote="cheryl" data-source="post: 5106001" data-attributes="member: 1"><p><a href="https://www.schaeffersresearch.com/content/news/2021/12/15/analyst-praise-sends-united-parcel-service-stock-higher" target="_blank"><strong>Analyst Praise Sends United Parcel Service Stock Higher - Schaeffers Research</strong></a></p><p></p><p><strong>UPS sports attractively priced premiums at the moment, too</strong></p><p><strong></strong></p><p><strong>United Parcel Service, Inc. (NYSE:UPS)</strong> is up 0.9% to trade at $205.58 this morning, after the shipping giant earned an upgrade from Citigroup to "buy" from "neutral," and a price-target hike to $250 from $245. The analyst in question noted the company's strong domestic growth prospects, and that UPS is now moving to reduce risks associated with <strong>Amazon.com (AMZN)</strong> being one of its largest customers.</p><p></p><p>Analysts were <strong>evenly split </strong>towards the equity coming into today, with 10 sporting a "strong buy" rating, while the remaining 10 said "hold" or worse. Meanwhile, the 12-month consensus target price of $230.91 is a 12.6% premium to the stock's current perch.</p></blockquote><p></p>
[QUOTE="cheryl, post: 5106001, member: 1"] [URL='https://www.schaeffersresearch.com/content/news/2021/12/15/analyst-praise-sends-united-parcel-service-stock-higher'][B]Analyst Praise Sends United Parcel Service Stock Higher - Schaeffers Research[/B][/URL] [B]UPS sports attractively priced premiums at the moment, too United Parcel Service, Inc. (NYSE:UPS)[/B] is up 0.9% to trade at $205.58 this morning, after the shipping giant earned an upgrade from Citigroup to "buy" from "neutral," and a price-target hike to $250 from $245. The analyst in question noted the company's strong domestic growth prospects, and that UPS is now moving to reduce risks associated with [B]Amazon.com (AMZN)[/B] being one of its largest customers. Analysts were [B]evenly split [/B]towards the equity coming into today, with 10 sporting a "strong buy" rating, while the remaining 10 said "hold" or worse. Meanwhile, the 12-month consensus target price of $230.91 is a 12.6% premium to the stock's current perch. [/QUOTE]
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