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UPS and FedEx see rating cuts at BofA due to concerns of muted global air package demand
Seeking Alpha· 2025-09-11 20:55
United Parcel Service (NYSE:UPS) and FedEx Corporation (NYSE:FDX) are on watch after Bank of America warned that the de minimis impact is a major factor for both companues/. BofA cut UPS (NYSE:UPS) to Underperform from Neutral and slid its ...