Overview
- Evercore ISI on Jan. 21 lifted its UPS price target to $113 from $94 and maintained an In Line rating, citing cost initiatives as the anchor for EPS.
- Shares trade under $110 with an approximately 6% dividend yield, reflecting investor caution during the turnaround.
- Management continues to pare low-margin business, including reduced exposure to Amazon, alongside facility closures and technology investments.
- Coverage points to early signs of operational improvement even as the recovery depends on execution and a mixed macro backdrop.
- UPS completed its acquisition of Andlauer Healthcare Group in November for about C$2.2 billion to expand cold-chain and specialty healthcare logistics.