HSBC Cuts UPS (UPS) to Neutral, Lowers Target to $75

January 4, 2012 1:50 PM EST
Get Alerts UPS Hot Sheet
Price: $104.50 -0.99%

Rating Summary:
    18 Buy, 21 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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HSBC's Robin Byde just downgraded shares of UPS (NYSE: UPS) from Overweight to Neutral in an intraday research note. The analysts' price target was lowered from $80 to $75.

The stock seems to be responding: shares have fallen from nearly $74.20 to under $74 over the last 10 minutes or so of trade.

For an analyst ratings summary and ratings history on UPS click here. For more ratings news on UPS click here.


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