Is UPS Stock Going to $170? 1 Wall Street Analyst Thinks So
The Motley Fool
FEBRUARY 19, 2024
UPS (NYSE: UPS) stock received an analyst upgrade recently (from neutral to outperform) from a Baird analyst, buying into the view that the multinational shipping & receiving and supply chain management company's prospects will improve in the second half of 2024. The analyst's new price target of $170 (from $165 previously) represents a near 15% premium to the current price and is a vote of confidence in the stock.
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