United Parcel Service (NYSE:UPS) Given New $114.00 Price Target at Bank of America

United Parcel Service (NYSE:UPS) had its price target lifted by stock analysts at Bank of America from $108.00 to $114.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the transportation company’s stock. Bank of America‘s price target would indicate a potential upside of 7.11% from the stock’s current price.

Several other equities analysts have also recently weighed in on UPS. Sanford C. Bernstein dropped their price target on shares of United Parcel Service from $131.00 to $127.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 21st. Raymond James Financial boosted their price objective on United Parcel Service from $127.00 to $131.00 and gave the stock a “strong-buy” rating in a report on Wednesday, July 29th. BNP Paribas Exane lowered their price objective on United Parcel Service from $90.00 to $85.00 and set an “underperform” rating for the company in a research note on Wednesday, September 30th. Evercore raised their target price on United Parcel Service from $117.00 to $118.00 in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group lifted their target price on United Parcel Service from $128.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $116.35.

United Parcel Service Stock Up 6.1%

UPS stock opened at $106.43 on Wednesday. The stock’s 50 day simple moving average is $98.92 and its 200 day simple moving average is $104.64. United Parcel Service has a fifty-two week low of $90.84 and a fifty-two week high of $122.41.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Tuesday, October 27th. The transportation company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.07. The business had revenue of $22.90 billion during the quarter, compared to the consensus estimate of $22.27 billion. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the business posted $1.74 earnings per share. On average, sell-side analysts expect that United Parcel Service will post 7.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On United Parcel Service

Institutional investors have recently added to or reduced their stakes in the stock. Morey & Quinn Wealth Partners LLC lifted its position in shares of United Parcel Service by 7.1% during the third quarter. Morey & Quinn Wealth Partners LLC now owns 3,032 shares of the transportation company’s stock worth $283,000 after acquiring an additional 200 shares in the last quarter. Childress Capital Advisors LLC boosted its holdings in shares of United Parcel Service by 19.6% in the third quarter. Childress Capital Advisors LLC now owns 2,869 shares of the transportation company’s stock worth $268,000 after acquiring an additional 470 shares during the period. Shakespeare Wealth Management LLC bought a new position in shares of United Parcel Service in the third quarter worth $357,000. D.A. Davidson & CO. grew its position in shares of United Parcel Service by 6.1% in the third quarter. D.A. Davidson & CO. now owns 164,075 shares of the transportation company’s stock valued at $15,331,000 after purchasing an additional 9,410 shares in the last quarter. Finally, Redmond Asset Management LLC grew its position in shares of United Parcel Service by 0.7% in the third quarter. Redmond Asset Management LLC now owns 31,594 shares of the transportation company’s stock valued at $2,952,000 after purchasing an additional 221 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service News Roundup

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: UPS reported third-quarter adjusted earnings of $1.69 per share, ahead of the approximately $1.62–$1.63 consensus, while revenue rose 6.9% year over year to $22.9 billion, above expectations. UPS beats quarterly expectations, raises full-year guidance again
• Positive Sentiment: Management raised its 2026 outlook, including an adjusted earnings forecast of roughly $7.28 per share and projected revenue of about $92.6 billion. The company also increased its operating-profit outlook to approximately $8.75 billion. UPS Raises Outlook as Revenue Climbs
• Positive Sentiment: Higher-margin international air shipments, improved pricing and stronger forwarding and logistics demand helped profitability. UPS said forwarding and logistics grew 17%, supported by health-care shipments and data-center construction, an opportunity management estimates at $15 billion. UPS raises annual forecasts as higher-paying shipments boost margin
• Positive Sentiment: CEO Carol Tomé expects stronger holiday profitability despite slightly lower delivery volumes, reflecting UPS’s continued reduction of lower-margin Amazon shipments. Management also cited solid holiday demand and plans a 5.9% rate increase in December. UPS Stock On Track For Best Week Since May
• Neutral Sentiment: The stock moved back above its 200-day moving average, improving technical momentum, although it remains below its 52-week high and analysts continue to monitor long-term valuation and cash-flow growth. UPS Stock Price Breaks Above 200-Day Moving Average
• Negative Sentiment: Reported diluted EPS was $1.37, below the prior-year figure, and UPS recorded goodwill and asset-impairment charges. Lower volumes and ongoing margin pressure remain risks if the shift toward premium shipments does not continue.

About United Parcel Service

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.