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The Latest UPS Headlines
UPS Stock Upgraded: What You Need to Know
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<blockquote data-quote="cheryl" data-source="post: 2643395" data-attributes="member: 1"><p><a href="http://www.foxbusiness.com/markets/2017/02/08/ups-stock-upgraded-what-need-to-know.html" target="_blank"><strong>UPS Stock Upgraded: What You Need to Know - Fox Business</strong></a></p><p></p><p>It's been a rough couple of weeks for investors in United Parcel Service(NYSE: UPS) stock, shares of which are off 10% since reporting earnings Opens a New Window. on Jan. 31 -- but things are already starting to look up.</p><p></p><p>This morning, analysts at boutique investment banker Aegis Capital announced they are sticking with their projected price target of $120 on UPS shares. And since UPS has fallen back from that target, they're going ahead and upgrading UPS stock as well -- to buy. As the analyst points out, if and when UPS rises from its current valuation of $105 and change to hit $120, the stock will provide investors with a 13.6% equity profit. Throw in a hefty 2.9% dividend yield, and the total return on this stock could exceed 16.5%.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2643395, member: 1"] [URL='http://www.foxbusiness.com/markets/2017/02/08/ups-stock-upgraded-what-need-to-know.html'][B]UPS Stock Upgraded: What You Need to Know - Fox Business[/B][/URL] It's been a rough couple of weeks for investors in United Parcel Service(NYSE: UPS) stock, shares of which are off 10% since reporting earnings Opens a New Window. on Jan. 31 -- but things are already starting to look up. This morning, analysts at boutique investment banker Aegis Capital announced they are sticking with their projected price target of $120 on UPS shares. And since UPS has fallen back from that target, they're going ahead and upgrading UPS stock as well -- to buy. As the analyst points out, if and when UPS rises from its current valuation of $105 and change to hit $120, the stock will provide investors with a 13.6% equity profit. Throw in a hefty 2.9% dividend yield, and the total return on this stock could exceed 16.5%. [/QUOTE]
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