Cheap deliveries swamp UPS earnings, sending shares reeling

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UPS (UPS) PT Lowered to $138 at Evercore ISI

July 23, 2024 4:00 PM EDT

Evercore ISI analyst Jonathan Chappell lowered the price target on UPS (NYSE: UPS) to $138.00 (from $145.00) while maintaining a In Line rating.

The analyst comments "UPS posted 2Q24 adjusted EPS of $1.79, coming in below our forecast of $1.94 and the average Street estimate of $1.99... More

UPS (UPS) PT Lowered to $140 at CFRA

July 23, 2024 10:20 AM EDT

CFRA analyst Stewart Glickman lowered the price target on UPS (NYSE: UPS) to $140.00 (from $149.00) while maintaining a Hold rating.

The analyst comments "Our 12-month target of $140, cut from $149, applies a 14.2x multiple of our forecasted 2025 operating EPS of $9.85 (trimmed by $0.11; we lower our... More