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Bank of America Securities Downgrades United Parcel Service (UPS) to Sell, Reduces the PT
Yahoo Finance· 2025-09-16 23:55
United Parcel Service, Inc. (NYSE:UPS) is one of the Top Large Cap Stocks to Buy At 52-Week Low. On September 11, Ken Hoexter from Bank of America Securities downgraded United Parcel Service, Inc. (NYSE:UPS) from Hold to Sell, while also reducing the price target from $91 to $83. The analyst noted that the downgrade reflects increased pressure on the company’s volume and costs due to the end of US de minimis exemptions. He elaborated that the International Priority and Economy packages make up 16% of the ...