UPS price target lowered to $112 from $118 at BofA

BofA lowered the firm’s price target on UPS (UPS) to $112 from $118 and keeps a Neutral rating on the shares, noting that UPS CFO Brian Dykes reiterated his 2026 outlook for revenue up slightly and flattish EPS yesterday at an industry conference, but implied what the firm sees as greater than anticipated pressure on Q1 results and a steeper shape to the year. Following the event, the firm lowered its Q1 EPS view 16% to $1.01 from $1.20, increased its Q2 EPS estimate 9% to $1.71 from $1.57, and slightly lowered its FY26 EPS forecast 1% to $7.05 from $7.10, the analyst noted.