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News 2026-09-28 11:05 UTC

Weekly Recap: BofA cuts UPS price target and delayed fuel-surcharge recovery

United Parcel Service, Inc. Class B (NYSE:UPS) saw shares slip after BofA trimmed its price target to $108 and cut EPS and revenue forecasts as steeper domestic volume declines, a big drop in Amazon shipments and surging fuel costs squeezed near-term margins despite consensus-aligned guidance.Previ…