UPS (UPS) PT Raised to $198 at UBS

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UPS (UPS) lifted at Wolfe Research following stock reset

April 26, 2023 9:26 AM EDT

Wolfe Research analyst Scott Group upgraded shares of UPS (NYSE: UPS) to Peer Perform from Underperform, removing the firm's price target on the stock in a note Tuesday evening.

The analyst told investors in a note that they are upgrading the stock following its earnings and stock reset after UPS shares fell 10% following the results.

"This morning, UPS reported 1Q EPS of $2.20, in line with consensus and slightly above our... More