UPS price target lowered to $120 from $124 at Stifel

Stifel lowered the firm’s price target on UPS (UPS) to $120 from $124 and keeps a Buy rating on the shares. Management pulled 2025 guidance and “beyond that, there was a lot to digest from the quarter,” the analyst tells investors. However, the firm views most of the negatives as addressable or being addressed, especially given its expectations for a firming market backdrop, so it remains constructive on the stock.