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UPS Reports Quarterly EPS Beat as Some Analysts Upgrade Ratings

United Parcel Service logoUnited Parcel Service
Sig1.55Sen+0.70Env0.00Soc0.00Gov0.00

Institutional investors increased holdings in United Parcel Service during the quarter, including Ferguson Wellman Capital Management and Brighton Jones LLC. UPS reported quarterly EPS of $1.76, beating the $1.65 consensus. The stock was down about 0.3%, while analysts adjusted views—Oppenheimer raised its price objective and rating, and Weiss upgraded UPS to a hold.

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