Baird analyst Garrett Holland downgrades UPS stock to Hold from Buy and cuts his price target to $130 a share from $160.
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1607 GMT – UPS reducing its Amazon volumes by more than ...