Analyst Sentiment Shifts for UPS Amid Volume Concerns

United Parcel Service faces mounting challenges as market experts adjust their outlook on the logistics giant. The company’s stock hovers near annual lows while it contends with declining domestic package volumes. With UBS becoming the latest institution to revise its price target downward, questions emerge about whether the company’s strategic pivot to Asian markets can reverse its fortunes.

UBS adjusted its valuation for UPS shares on Friday, lowering the price target from $118 to $110. Despite this reduction, the firm maintained its “buy” recommendation. UBS analysts project third-quarter domestic package volumes will decrease by double digits, though they anticipate earnings per share of $1.36, slightly above consensus estimates.

This move follows a pattern of downward revisions from other financial institutions.... Read more...