Bank of America downgrades UPS following disappointing quarterly results
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最新报道：Bank of America downgraded UPS from "Buy" to "Neutral" after the logistics giant reported weaker-than-expected quarterly earnings, citing slowing e-commerce growth and rising labor costs. The bank also cut its price target for UPS shares from $185 to $165. UPS shares fell 4.5% following the earnings miss, marking their worst single-day drop in over a year. Analysts noted ongoing challenges from union contract negotiations and competitive pressure from Amazon's expanding delivery network. The downgrade reflects concerns about UPS's ability to maintain profitability amid these industry headwinds.
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