UPS Keeps Delivering

Discussion in 'The Latest UPS Headlines' started by cheryl, Jan 9, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Keeps Delivering - Zacks

    We are retaining our Buy on United Parcel Service, Inc., as well as our $60 target price. UPS will report 4th quarter results on February 3.

    We are cutting our 2008 diluted EPS estimate to $3.55 from $3.57, toward the lower end of UPS guidance of $3.50-3.70, and to $3.35 from $3.75 for 2009, as we have reduced our revenue and share repurchase estimates due to the global economic slowdown.