United Parcel Service (NYSE:UPS) Shares Down 0.3% on Analyst Downgrade

Category: Finance

United Parcel Service's stock price decreased by 0.3% following a price target reduction by Bank of America. The stock has seen various ratings from analysts, with a current average rating of 'Hold' and a price target of $164.45. Recent quarterly earnings showed a revenue decline of 5.3% year-over-year, with a reported EPS of $1.43, surpassing estimates. The company has a market cap of $124.21 billion and a dividend yield of 4.49%. Institutional investors hold 60.26% of the stock.

Keywords: United Parcel Service, stock market, earnings report

Source: MarketBeat

Update At: 7/23/2024

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