UPS Growth Accelerates In 2017

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UPS (UPS) PT Lowered to $137 at Bernstein; Reiterates Outperform

February 2, 2018 7:40 AM EST

Bernstein lowered its price target on UPS (NYSE: UPS) to $137.00 (from $144.00) while maintaining a Outperform rating. UPS is spending a lot more for longer, and is pulling forward projects and depressing near term earnings growth by an additional $50M ($220M total next year).... More