UPS (UPS) Tops Q1 EPS by 3c

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BofA/Merrill Lynch Upgrades UPS (UPS) to Buy

April 29, 2015 8:35 AM EDT

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.

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