Wells Fargo analyst Christian Wetherbee maintains $United Parcel Service (UPS.US)$ with a buy rating, and adjusts the target price from $155 to $150.
According to TipRanks data, the analyst has a success rate of 57.9% and a total average return of 12.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $United Parcel Service (UPS.US)$'s main analysts recently are as follows:
The ongoing market recovery for the transport sector, which has been anticipated for a long time, is still unfolding gradually. This slow progress is putting significant projected earnings growth for 2025 at risk. In the near term, there appears to be downside risk for the normally weaker first quarter, with adjusted estimates across several sub-sectors. This adjustment is partly due to a considerable amount of freight being moved ahead of schedule in expectation of possible tariffs.
Looking forward to Q4 results and the 2025 outlooks, the consensus remains to favor early cycle opportunities. Observations indicate that shipping volume could expand to better accommodate industrial freight. While near-term expectations are adjusting, the overall direction of the fundamentals appears positive.
Note:
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