UPS Announces Changes to Finance Leadership Team

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Oppenheimer Raises Price Target to $112 as UPS (UPS) Reports Strong 1Q; Reiterates Outperform

May 2, 2016 9:37 AM EDT

Oppenheimer reiterated an Outperform rating on UPS (NYSE: UPS), and raised the price target to $112.00 (from $109.00), following the company's 1Q earnings report. UPS reported adjusted EPS of $1.27, ahead of the consensus of $1.22. Revenue grew to $14.418B vs. consensus of $14.564B.

Analyst Scott Schneeberger... More