Baird analyst Garrett Holland downgrades UPS stock to Hold from Buy and cuts his price target to $130 a share from $160.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
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UPS CEO Defends Amazon Glide Down Decision, But Wall Street's Skeptical: Retail’s Busy Spotting Bottom-Fishing OpportunitiesShares of United Parcel Service Inc (UPS) recorded their worst session ever on Thursday, plunging over 14% to hit levels not ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
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Is UPS Stock a Buy as Amazon Volume Declines?United Parcel Service (UPS), a shipping and supply-chain management company, released its fourth-quarter earnings on Jan. 30.
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