UPS downgraded by Stifel: Investments could limit earnings growth next year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Stifel downgraded UPS to hold from buy and maintained its $118 per share price target

, as it does not feel comfortable pushing the valuation multiple up high enough to maintain its buy rating.

"We believe its long-term initiatives will likely require extra investment in 2020 that could limit margin expansion and earnings growth next year, we are stepping to the sidelines with respect to the stock," said Stifel's David Ross in a note to client on Sunday. The firm downgraded the stock to hold from buy and maintained its $118 per share price target, as it does not feel comfortable pushing the valuation multiple up high enough to maintain its buy rating.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Said the short minded investor!

Wrong advice

Don’t follow bad advice b

They wrong

They caught short .

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

UK consumer lending growth sinks to five-year low in June, housing market picks upBritain's housing market picked up modestly in June with a stronger-than-ex... The tory dream is over?
La source: Reuters - 🏆 2. / 97 Lire la suite »

Earnings this week show Snap, Amazon and Twitter are cutting into the Google-Facebook ad duopolyInvestors have a better sense of how the ad businesses of Amazon, Snap and Twitter stack up against the dominant players after the latest earnings reports. Twitter, STOP RECORDING things that users DELETE as they TYPE their message. That’s not how you collect information for the so called PHONY INTELLIGENCE. Go do some hard WORK like information digging to gather REAL INTELLIGENCE. This how AI system ALGORITHMS are made by COPYING That guy from Shameless bought Just for Men and colored his beard‼️
La source: CNBC - 🏆 12. / 72 Lire la suite »