UPS price target lowered to $152 from $161 at Loop Capital - TipRanks.com

Category: Finance

Loop Capital has reduced its price target on UPS to $152 from $161, maintaining a Hold rating due to ongoing freight recession concerns. The analyst notes that while the end of the recession is likely closer, there are few signs of recovery and limited visibility for investors.

Keywords: UPS, Loop Capital, freight recession

Source: Tipranks

Update At: 7/23/2024

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