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Analyst Delivers Downgrade on UPS Stock

Barron's on MSN · 8h

UPS Stock Is Downgraded. Amazon News Weighs Heavily.

Baird analyst Garrett Holland changed his rating on the stock to Hold from Buy and cut his price target to $130 from $160.

UPS Stock Falls After Amazon Business Cut

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

Business Insider · 17h

Analyst Delivers Downgrade on UPS Stock after Move to Cut Amazon Volumes

A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number of Amazon (AMZN)

UPS, Amazon

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable customer.

Hosted on MSN · 1d

UPS Shares Plunge on Plan to Slash Amazon Business By Half

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.

Wall Street Journal · 1d

UPS Shares Slide on Plans to Slash Volume of Business With Amazon

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

1d

UPS announces major cutback in Amazon relationship

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

1d

UPS to cut its Amazon business by more than 50%. Here’s why.

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

1d

UPS Q4 Earnings: Major Customer Volume Cut Raises Jitters, Stock Tanks

UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...

15h

UPS price target lowered to $145 from $155 at Raymond James

Raymond James lowered the firm’s price target on UPS (UPS) to $145 from $155 and keeps a Strong Buy rating on the shares. The firm says recent ...

The Natchez Democrat8h

UPS Natchez hub closing counter service; customers can use alternative authorized shipper

The UPS hub in Natchez no longer provides counter service to customers seeking to send packages. “The hub will still be open ...

4h

Firefighters monitor Northern California lithium battery plant for storm-related flare-ups

Monterey County firefighters on Friday said they were monitoring Vistra Energy's fire-damaged lithium-ion battery facility ...

1don MSN

UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

Hosted on MSN16h

UPS CEO Defends Amazon Glide Down Decision, But Wall Street's Skeptical: Retail’s Busy Spotting Bottom-Fishing Opportunities

Shares of United Parcel Service Inc (UPS) recorded their worst session ever on Thursday, plunging over 14% to hit levels not ...

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