Analysts Raise UPS Price Targets After Q3 Results and Guidance Increase
Citigroup raised its target to $131 from $122; UBS to $125 from $124; Oppenheimer to $119 from $117; and Evercore ISI to $118 from $107. UBS maintained its Buy rating, and Oppenheimer maintained an Outperform rating.
Following the release of third-quarter results and an upward revision to annual guidance, multiple analysts have adjusted their price targets for United Parcel Service, Inc. Citigroup raised its target to $131 from $122, while UBS increased its target to $125 from $124, maintaining a Buy rating. Oppenheimer adjusted its target to $119 from $117 with an Outperform rating, and Evercore ISI raised its target to $118 from $107. These adjustments reflect market reactions to the company's stronger-than-expected quarterly performance and improved outlook.