Barclays Maintains Underweight Rating on UPS
Barclays maintained its Underweight rating on United Parcel Service.
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Barclays maintained its Underweight rating on United Parcel Service.
RBC Capital Markets lowered its 2027 adjusted pretax profit forecast for Barclays, citing weakness in investment bank income and slightly higher expenses. The broker kept an outperform rating but cut its price target to 525 pence from 550 pence.
RBC Capital Markets lowered its 2027 adjusted pretax profit forecast for Barclays, citing weaker investment bank income and slightly higher expenses. The broker kept an outperform rating but cut its target price to 525 pence from 550 pence.