Amid a strained period for supply chains across the country, UPS looks like a bright spot for investors, according to a new note from Stifel.
Stifel upgraded the stock from Hold to Buy, noting that “there’s a lot to like about the fundamental UPS story right now,” raising its target price to $224.
“I’d say that UPS is in the best position or at least one of the best positions” amid the holiday shopping season, Stifel’s Bruce Chan said on Yahoo Finance Live.
“When you’re looking at the kind of…
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