Evercore adds UPS stock to Tactical Outperform on FY25 guidance optimism
Evercore ISI analyst Jonathan Chappell increased the price target for UPS (NYSE:UPS) shares to $147 from $141, while maintaining an In Line rating on the stock. Chappell's adjustment reflects positive developments in key metrics that the analyst believes could lead to a higher than expected earnings per share (EPS) for the fourth quarter of 2024 and provide a stable outlook for the fiscal year 2025.