Today's most important upgrades

United Parcel Service (NYSE: UPS) shares rose more than 2% intra-day today after Deutsche Bank upgraded the company to Buy from Hold and raised its price target to $220 from $197. According to the analysts, macro concerns, which were the reason for moving to the sidelines on the shares, are “now fully reflected in shares and widely held by market participants.”

Wedbush upgraded The Geo Group (NYSE: GEO) to Outperform from Neutral with a price target of $14.00 (from $10.00). Shares surged more than 16% intra-day today.

Exane BNP Paribas upgraded PACCAR (NASDAQ: PCAR) to Neutral from Underperform and raised its price target to $100.00 from $85.00.

By Davit Kirakosyan

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