UPS stocks plummeted after it slashed business with the world’s largest online retailer.
Baird analyst Garrett Holland downgraded UPS stock to Hold from Buy. He cut his price target to $130 a share from $160.
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
With United Parcel Service stock moving south, we asses the investment worthiness of the stock at current levels.
United Parcel Service (UPS), a shipping and supply-chain management company, released its fourth-quarter earnings on Jan. 30.