BofA analyst Ken Hoexter lowered the firm’s price target on UPS (UPS) to $81 from $83 and keeps an Underperform rating on the shares. The firm maintains its “below Street” Q3 EPS forecast of $1.30, raised its FY26 and FY27 EPS views by 1% each on M&A timing and debt paydown, and lowered its target multiple given sustained cost pressures.
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