In a report released today, Brian Ossenbeck from J.P. Morgan downgraded United Parcel (UPS – Research Report) to Hold, with a price target of $202.00. The company's shares closed last Thursday at $177.13, close to its 52-week low of $173.19. According to TipRanks.com, Ossenbeck is a 4-star analyst with an average return of 9.7% and a 45.8% success rate. Ossenbeck covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Knight Transportation, and Werner Enterprises. Currently, the analyst consensus on United Parcel is a Moderate Buy with an average price target of $225.26.
https://www.tipranks.com/news/blurbs/j-p-morgan-downgrades-united-parcel-ups-to-hold?utm_source=advfn.com&utm_medium=referral
United Parcel Service (NYSE:UPS)
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