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0 0 8.18363273453314E-05 8.18363273453314E-05 -0.000898203592814405 -9.98003992016479E-05 2.39520958084692E-05 0
Stock impact report

UPS Volume Outlook Improves Modestly in Bank of America Update [Yahoo! Finance]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Yahoo! Finance
On December 18, Bank of America analyst Ken Hoexter raised the firm's price target on United Parcel Service, Inc. (NYSE:UPS) to $99 from $95. The firm kept an Underperform rating on the shares.UPS told investors that peak season unfolded largely as expected. The company now targets US domestic average daily package volumes to decline about 11% year over year in the fourth quarter. That compares with Bank of America's earlier estimate of a 13% drop. The firm raised its Q4 EPS estimate by 1%, while leaving its fiscal 2026 EPS forecast unchanged at $7.10. It also slightly increased the valuation multiple applied to that estimate. According to Bloomberg, United Parcel Service, Inc. (NYSE:UPS) plans to invest about $120 million in 400 robots designed to unload trucks. The move adds detail to the company's broader $9 billion automation strategy, which aims to lift margins by reducing labor costs. Truck and container unloading is still largely manual across the industry. It remains a pe Show less Read more
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