UPS (UPS) Misses Q2 EPS by 4c; Cuts FY14 EPS Outlook

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Deutsche Bank Comments on UPS (UPS) Following Q2 Miss

July 29, 2014 9:55 AM EDT

Deutsche Bank maintained a Buy rating on UPS (NYSE: UPS) with a price target of $122. Comments follow Q2 results. Analyst Robert Salmon thinks the stock will be pressured today after missing consensus.

"This morning before the open, UPS reported Q2 adjusted EPS of $1.21/share, which was below our estimate of $1.24/share and Consensus of... More