UBS breaks ranks, turns bullish on UPS

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UBS breaks ranks, turns bullish on UPS

UBS broke ranks with the rest of Wall Street by giving UPS (NYSE:UPS) an upgrade on expectations that the company’s cost reduction program will boost UPS’s margin and result in “attractive EPS growth.”

Last week, the parcel delivery company delivered a disappointing revenue outlook for 2024announced plans to cut 12K jobs

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