Rising revenue boosts UPS profit; 2016 forecast confirmed
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Oppenheimer Raises Price Target on UPS (UPS) to $116 Following 2Q Report
August 1, 2016 10:38 AM EDTOppenheimer reiterated an Outperform rating on UPS (NYSE: UPS), and raised the price target to $116.00 (from $112.00), following the company's 2Q earnings report. UPS reported an EPS of $1.43, compared to the consensus estimates of $143.
Analyst Scott Schneeberger commented, "2Q16 adj'd EPS of $1.43 (+6% y/y) compared to our... More
