Wolfe Research Upgrades UPS (UPS) to Outperform

January 8, 2025 5:47 AM UTC
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Price: $102.36 -1.64%

Rating Summary:
    18 Buy, 20 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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(Updated - January 8, 2025 9:12 AM EST)

Wolfe Research analyst Scott Group upgraded UPS (NYSE: UPS) from Peerperform to Outperform, PT $147.00.

The analyst comments "Upgrading to Outperform. UPS has materially lagged FDX, our broader Transport Index and the S&P 500 over the past 2.5 years as U.S. package margins have declined materially the past couple of years. But we expect U.S. margins to inflect positive y/y in C25, which historically leads to much better performance for the stock."

For an analyst ratings summary and ratings history on UPS click here. For more ratings news on UPS click here.

Shares of UPS closed at $124.98 yesterday.


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