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UPS / UPS price target slashed by analysts on more conservative earnings outlook

UPS price target slashed by analysts on more conservative earnings outlook
United Parcel Service Inc (NYSE:UPS)'s reduction of its full-year 2023 revenue and operating margin guidance has prompted Bank of America (BoA) analysts to lower their price target on the stock from $167 to $152. UPS shares traded hands at about US$137 on Friday afternoon and are down 9.1% this week after the parcel delivery company's third quarter earnings were negatively impacted by weaker demand and the broader unfavorable macroeconomic conditions. Read More
Posted: Oct 27 2023, 12:57
Author Name: Proactive Investors
Views: 092072

UPS News  

Why UPS Stock Really Delivered for Shareholders Today

By The Motley Fool
November 2, 2023

Why UPS Stock Really Delivered for Shareholders Today

The logistics giant declared its latest set of shareholder distributions. These qualify as high-yield dividends, at nearly 5%. more_horizontal

UPS Stock: Buy, Sell, or Hold?

By The Motley Fool
November 2, 2023

UPS Stock: Buy, Sell, or Hold?

UPS is starting to look like an excellent value, but investors will have to be patient on earnings. The protracted labor negotiations hit near-term de more_horizontal

Investors Heavily Search United Parcel Service, Inc. (UPS): Here is What You Need to Know

By Zacks Investment Research
November 1, 2023

Investors Heavily Search United Parcel Service, Inc. (UPS): Here is What You Need to Know

Zacks.com users have recently been watching UPS (UPS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. more_horizontal

UPS price target slashed by analysts on more conservative earnings outlook

By Proactive Investors
October 27, 2023

UPS price target slashed by analysts on more conservative earnings outlook

United Parcel Service Inc (NYSE:UPS)'s reduction of its full-year 2023 revenue and operating margin guidance has prompted Bank of America (BoA) analy more_horizontal

UPS Is Adjusting to the New Labor Deal Math. So Is Its Stock

By Barrons
October 27, 2023

UPS Is Adjusting to the New Labor Deal Math. So Is Its Stock

The company will need time to adjust pricing for higher wages. more_horizontal

3-Stock Lunch: UPS, KDP & ALGN

By CNBC Television
October 26, 2023

3-Stock Lunch: UPS, KDP & ALGN

Victoria Greene, G Squared chief investment officer, joins ‘Power Lunch' to discuss three stocks: UPS, Keurig and Align Technology. more_horizontal

UPS stock falls after delivery giant cuts revenue outlook

By CNBC
October 26, 2023

UPS stock falls after delivery giant cuts revenue outlook

UPS reported third quarter earnings and warned of persistent global economic uncertainty. more_horizontal

Why UPS Stock Dropped 5.5% After Earnings

By The Motley Fool
October 26, 2023

Why UPS Stock Dropped 5.5% After Earnings

UPS beat on earnings but missed on sales this morning. Q4 guidance looks light as well, probably resulting in a back-to-back misses for this stock. more_horizontal


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