JPMorgan analyst Brian Ossenbeck raised the firm’s price target on UPS (UPS) to $107 from $99 and keeps a Neutral rating on the shares. The company reported a “solid beat” in Q4 along with a lower than expected 2026 spending outlook, the analyst tells investors in a research note. JPMorgan remains “constructive” on parcel pricing power and is encouraged by the structural changes at UPS, but sees limited upside to the stock at present.
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