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UPS (UPS) gains as UBS raises stock to Buy

February 6, 2024 2:01 PM EST

Shares of UPS (NYSE: UPS) have climbed more than 4% Tuesday after UBS upgraded the stock to Buy from Neutral, raising the price target to $175 from $160 per share.

UBS analyst Thomas Wadewitz told investors that UPS is a "cost narrative" and expectations for the... More