Wolfe Research Downgrades UPS (UPS) to Underperform

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Wolfe Research Downgrades UPS (UPS) - Repositions Transport for a Recession

July 12, 2022 3:33 PM EDT

On Tuesday, Wolfe Research analyst Scott Group downgraded UPS (NYSE: UPS) from Peer Perform to Underperform as it moves to recession assumptions in their models for Transport stocks.

The analyst maintained a $167 price target on UPS in a broad note on the transport... More