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UPS price target raised to $105 from $100 at Susquehanna

Susquehanna raised the firm’s price target on UPS (UPS) to $105 from $100 and keeps a Neutral rating on the shares. The firm said the company’s structural cost reductions caught up with revenue in 3Q, and its 4Q outlook is better than expected. They remain cautious on 1H26 due to a steeper volume decline from Amazon than 2025, but the backdrop looks better.

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