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Citi lowers UPS price target to $122

Stocktwits +1 ·

UPS United Parcel Service Inc
$92.29 -0.88%
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  1. 1Citi lowered its price target for UPS from the previous $132 to $122.
  2. 2UPS plans to hire 100,000 seasonal workers for the year-end holiday shipping season.
  3. 3UPS aims to have 4 billion RFID-enabled packages delivered by the end of 2026.

So what's the key point?

Citi lowered the amount it expected UPS's stock price to reach to $122. The company plans to hire 100,000 people for year-end deliveries and increase its package tracking technology.

Source Stocktwits +1 · View original ↗

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