Wells Fargo raised the firm’s price target on UPS (UPS) to $96 from $91 and keeps an Equal Weight rating on the shares. Coming off the firm’s callback, estimates are moving higher, but likely to levels from just 3 months ago. UPS has made some progress catching costs up to volume and there is more volume in the system, Wells adds. Results and guidance likely point to about $7 in 2026 EPS.
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