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Evercore Maintains United Parcel Service(UPS.US) With Hold Rating, Raises Target Price to $141

Futu News ·  Oct 22 07:34  · Ratings

Evercore analyst Jonathan Chappell maintains $United Parcel Service (UPS.US)$ with a hold rating, and adjusts the target price from $138 to $141.

According to TipRanks data, the analyst has a success rate of 65.9% and a total average return of 19.4% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $United Parcel Service (UPS.US)$'s main analysts recently are as follows:

  • The near-term earnings for UPS may face pressure due to a persistently weak demand in the parcel sector. Long-term challenges, including competition from non-union entities and constrained dividend growth, present a relatively difficult outlook for UPS shares.

  • In an anticipatory assessment for UPS's upcoming Q3 earnings announcement, concerns have been raised due to marginally declining U.S. Domestic volumes coupled with a more significant adjustment to the anticipated growth in International volumes, leading to a reduction in the Q3 and Q4 earnings per share forecasts. Expectations for the third quarter earnings per share have been adjusted downward, alongside a reduction in the fourth quarter and full year 2025 earnings projections.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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