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UPS Beats Q3 Expectations, Lifts Outlook as CEO Sees Strong Holiday Demand

United Parcel Service topped third-quarter earnings expectations and lifted its outlook. CEO Carol Tomé sees strong holiday demand, while analysts raised price targets.

UPS

United Parcel Service Inc. (UPS) stock is on track for its best week since May after the delivery giant topped third-quarter earnings expectations and lifted its outlook. Wall Street analysts raised price targets, while CEO Carol Tomé sees strong holiday demand, with average daily package volumes e…