UPS: Citi Trims Price Target to $122, Maintains Buy
Citi lowered its price target for United Parcel Service Inc. (UPS) to $122 from $132 while maintaining a 'Buy' rating. The adjustment comes ahead of UPS's third-quarter earnings report scheduled for October 27.
's (UPS) stock drew attention on Wednesday after Citi cut its price target to $122 from $132 and kept a 'Buy' rating ahead of the company's October 27 third-quarter earnings report. The Fly reported that Citi adjusted its price targets across the transportation group as part of the update.