UBS Gives a Buy Rating to United Parcel (UPS)

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UBS analyst Thomas Wadewitz assigned a Buy rating to United Parcel Service (UPS) with a $124 price target. Wadewitz, a 4-star analyst covering Industrials, joins Bernstein in recommending UPS, while Bank of America Securities maintains a Hold rating as of late September.

UBS analyst Thomas Wadewitz assigned a Buy rating to United Parcel today and set a price target of $124.00.

According to TipRanks, Wadewitz is a 4-star analyst with an average return of 8.0% and a 52.19% success rate. Wadewitz covers the Industrials sector, focusing on stocks such as Expeditors International, JB Hunt, and Old Dominion Freight.

In addition to UBS, United Parcel also received a Buy from Bernstein’s David Vernon in a report issued on September 28. However, on September 21, Bank of America Securities reiterated a Hold rating on United Parcel (NYSE: UPS).

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