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BofA/Merrill Lynch Upgrades UPS (UPS) to Buy

April 29, 2015 8:35 AM EDT
Get Alerts UPS Hot Sheet
Price: $142.77 +0.02%

Rating Summary:
    17 Buy, 19 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 17
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BofA/Merrill Lynch upgraded UPS (NYSE: UPS) from Neutral to Buy with a price target of $115.00 (from $103.00). Analyst Ken Hoexter sees an attractive entry as the company is set to implement peak surcharges. He also noted continued growth in Europe.

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

Shares of UPS closed at $100.77 yesterday.



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