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Brown Cafe UPS Forum
The Latest UPS Headlines
Why This Investor Prefers UPS Over FedEx Stock
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<blockquote data-quote="cheryl" data-source="post: 5105925" data-attributes="member: 1"><p><a href="https://markets.businessinsider.com/news/stocks/why-this-investor-prefers-ups-over-fedex-stock-1031048277" target="_blank"><strong>Why This Investor Prefers UPS Over FedEx Stock - Markets Insider</strong></a></p><p></p><p><strong>United Parcel Service Inc </strong>(NYSE:<a href="https://markets.businessinsider.com/stocks/ups-stock" target="_blank">UPS</a>) is moving higher Wednesday following bullish analyst coverage.</p><p></p><p><strong>What Happened:</strong> UBS named UPS a top pick for 2022 and reiterated its Buy rating and price target of $266 and Citigroup upgraded UPS from a Neutral rating to a Buy rating and raised the price target from $245 to $250.</p><p></p><p><strong>Wright's Take:</strong> "UPS is doing an amazing job," Decatur Capital Management's <strong>Degas Wright</strong> said Wednesday on CNBC's "Fast Money Halftime Report."</p><p></p><p>Eighty percent of the company's revenue comes from the United States, while just 20% of revenue is generated internationally. <strong>FedEx Corp</strong> (NYSE:<a href="https://markets.businessinsider.com/stocks/fdx-stock" target="_blank">FDX</a>) generates more revenue internationally, but the company is not growing earnings nearly as fast as UPS, Wright said.</p></blockquote><p></p>
[QUOTE="cheryl, post: 5105925, member: 1"] [URL='https://markets.businessinsider.com/news/stocks/why-this-investor-prefers-ups-over-fedex-stock-1031048277'][B]Why This Investor Prefers UPS Over FedEx Stock - Markets Insider[/B][/URL] [B]United Parcel Service Inc [/B](NYSE:[URL='https://markets.businessinsider.com/stocks/ups-stock']UPS[/URL]) is moving higher Wednesday following bullish analyst coverage. [B]What Happened:[/B] UBS named UPS a top pick for 2022 and reiterated its Buy rating and price target of $266 and Citigroup upgraded UPS from a Neutral rating to a Buy rating and raised the price target from $245 to $250. [B]Wright's Take:[/B] "UPS is doing an amazing job," Decatur Capital Management's [B]Degas Wright[/B] said Wednesday on CNBC's "Fast Money Halftime Report." Eighty percent of the company's revenue comes from the United States, while just 20% of revenue is generated internationally. [B]FedEx Corp[/B] (NYSE:[URL='https://markets.businessinsider.com/stocks/fdx-stock']FDX[/URL]) generates more revenue internationally, but the company is not growing earnings nearly as fast as UPS, Wright said. [/QUOTE]
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