UPS – Stock Analysis & News (2024-03-31)

UPS-United Parcel Service, Inc. stock has been showing positive trends recently, with the current price at 149.0. The Stock AI has forecasted a weekly increase of +4.8% and a monthly increase of +5.4%.

🟢 United Parcel Service had its target price reduced by HSBC from $155.00 to $150.00, which could potentially impact the stock price negatively.

🔴 Susquehanna reaffirmed their neutral rating on UPS shares, indicating a possible lack of positive catalysts for the stock.

🟢 Evercore ISI reissued an “in-line” rating on UPS stock, which could provide some stability to the price.

🟢 BMO Capital Markets raised UPS’s price target from $160.00 to $165.00, suggesting a bullish sentiment towards the stock.

🔴 TD Cowen reduced their price target on UPS from $147.00 to $140.00, signaling a potential downside for the stock.

🟢 Stolper Co increased its position in UPS, indicating confidence in the company’s future performance.

🟢 Morgan Stanley raised their price target on UPS from $95.00 to $100.00, which could attract more investors to the stock.

🔴 Deutsche Bank Aktiengesellschaft lowered their price objective on UPS from $183.00 to $179.00, potentially leading to a negative impact on the stock price.

The recent news surrounding UPS stock has been a mix of positive and negative developments. The reduction in target prices by HSBC and TD Cowen could put some downward pressure on the stock, while the increase in price targets by BMO Capital Markets and Morgan Stanley could provide some support.

Overall, the sentiment towards UPS stock seems to be mixed, with some analysts remaining neutral while others are more bullish. Investors will need to closely monitor how these factors play out in the coming weeks to determine the direction of UPS stock price.

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