Loop Capital Markets adjusted their price target on shares of United Parcel Service (NYSE:UPS), reducing it to $115 from the previous $120, while maintaining a Hold rating on the company's stock. The ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares plunged.
After some three years of weaker demand for package deliveries, the “freight recession” that has ... As that momentum builds, the analysts upgraded UPS UPS to a buy rating from their version ...
Before the agreement expired, the U.S. Postal Service would complete the final miles of delivery for UPS shipments. The Postal Service is the only carrier permitted to deliver to post office boxes ...
The analysts also said UPS would likely raise shipping prices to counter the effects from the end of a service agreement with the U.S. Postal Service, as reported by other news outlets.
The firm takes that as a sign that the shipping market is on the cusp of growth once again. Shares of UPS (UPS) rose 1.4% in premarket action to $129.26 vs. the 52-week trading range of $121.56 to ...
Investing.com -- Bank of America (BofA) analysts upgraded United Parcel Service Inc (NYSE:UPS) stock to Buy from Neutral on Thursday, citing an anticipated end to the freight recession by 2025 and ...
“The addresses themselves are fine. The issue is that the service is gone, the UPS SurePost is gone. So if you order something that says it has free shipping through UPS, that normally would have come ...
UPS is poised to capitalize on the recovery in freight demand and e-commerce growth, the note highlighted. Citi pointed to UPS's expanding footprint in business-to-business, small-to-medium ...