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UPS price target lowered to $114 from $126 at Oppenheimer

Oppenheimer lowered the firm’s price target on UPS (UPS) to $114 from $126 and keeps an Outperform rating on the shares. The firm notes UPS topped Q1 consensus expectations for revenue/adjusted operating income/EPS. The company isn’t providing updates to its 2025 outlook pending more certainty in the macro environment.

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