Market Overview

UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on UPS

Share:
Related UPS
Barclays Reiterates FedEx As A Top Pick Following Q1 Results
Investors Set To Get A Read On FedEx's 2017
UPS testing drones for remote commercial delivery (Seeking Alpha)

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on United Parcel Service (NYSE: UPS), and raised its price target from $80.00 to $82.00.

Jefferies noted, “UPS reported an inline 3Q on capacity actions and improved margins in International. Mgmt guided up 4Q as performance visibility improves. The fading macro backdrop makes it difficult to climb onboard. Reiterate Hold.”

United Parcel Service closed on Tuesday at $73.73.

Latest Ratings for UPS

DateFirmActionFromTo
Sep 2016BarclaysMaintainsEqual-weight
Aug 2016Argus ResearchMaintainsBuy
Aug 2016Morgan StanleyMaintainsUnderweight

View More Analyst Ratings for UPS
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings

 

Related Articles (UPS)

View Comments and Join the Discussion!