UPS upgraded by Deutsche Bank, sees 15% stock return in next year - CNBC
- Analyst Amit Mehrotra upgrades shares of UPS to buy, saying the secular shift toward e-commence makes the current stock valuation cheap.
- The analyst also raises his 12-month price target on the worldwide shipping company to $135 from $125, representing 15 percent total return including dividends.
- Shares jump more than 3.5 percent.
