Baird downgraded United Parcel Service Inc (NYSE:UPS) to "Neutral" on the rising impact of Amazon’s planned volume reduction, which introduces a multi-year challenge for the shipping giant.
Baird analyst Garrett Holland downgrades UPS stock to Hold from Buy and cuts his price target to $130 a share from $160.
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
Shares of United Parcel Service Inc (UPS) recorded their worst session ever on Thursday, plunging over 14% to hit levels not ...
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number of Amazon (AMZN) ...
UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.
United Parcel Service (NYSE: UPS) faced its worst single-day stock performance on record after the company released a ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
Shares of industrial and transportation companies rose amid mixed earnings as companies with exposure to artificial-intelligence infrastructure outperformed more traditional factories. Caterpillar ...
The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.