AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
United Parcel Service (UPS) has been downgraded by Bank of America analysts after Q2 earnings revealed concerns around sluggish growth and cost pressures. Despite beating EPS and revenue forecasts, analysts lowered their rating to 'Neutral' from 'Buy' and revised their price objective to $98 from $115. They cited tariff pressures, slower cost takeout, accelerating Amazon business declines, and higher Ground Saver costs as reasons for the downgrade.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet