UPS shares slide on 2018 outlook, spending plans
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
UPS (UPS) PT Raised to $90 at Morgan Stanley on 4Q Report; 'FY18 Guidance Disappoints on Noise and Secular Issues'
February 2, 2018 8:06 AM ESTMorgan Stanley raised its price target on UPS (NYSE: UPS) to $90.00 (from $79.00) while maintaining a Underweight rating, following the company's fourth quarter report.
Analyst Ravi Shanker notes a positive outlook on the shares, as the company reported fourth quarter earnings per share and revenue results... More
UPS (UPS) PT Lowered to $137 at Bernstein; Reiterates Outperform
February 2, 2018 7:40 AM ESTBernstein lowered its price target on UPS (NYSE: UPS) to $137.00 (from $144.00) while maintaining a Outperform rating. UPS is spending a lot more for longer, and is pulling forward projects and depressing near term earnings growth by an additional $50M ($220M total next year).... More
