Analyst Lucas Servera began coverage of UPS and FedEx with Buy ratings and respective stock-price targets of $140 and $305.
GLOBAL trade is forecast to grow, albeit less robustly, as the world reacts to US President Donald Trump's tariff policies, Germany's DHL Group CEO Tobias Meyer told Reuters on Wednesday.
"That outlook is mainly based on the 75% of global trade that does not touch the U.S.," said Meyer, who noted that segment is seeing positive momentum ...
In the latest market close, United Parcel Service (UPS) reached $115.26, with a -0.95% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.49%.