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UPS price target raised to $118 from $116 at Susquehanna

Susquehanna raised the firm’s price target on UPS (UPS) to $118 from $116 and keeps a Neutral rating on the shares. The firm said UPS left guidance unchanged, excluding the reality of fuel potentially helping both top-line/bottom-line. Regardless, the key for UPS is delivering on their CPP targets as the year progresses post Amazon (AMZN) glide-down, with RPP strong.

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