UPS Price Target Trimmed to $105 by BofA as Teamsters Settlement Tightens the Road to Margin Recovery

Bank of America trimmed its price target on United Parcel Service (UPS), triggering fresh downward pressure on the stock. The analyst downgrade represents a modest near-term negative for UPS and may weigh on share performance and investor sentiment in the short term.

Analysis

Bank of America trimmed its price target on United Parcel Service (UPS), triggering fresh downward pressure on the stock. The analyst downgrade represents a modest near-term negative for UPS and may weigh on share performance and investor sentiment in the short term.