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

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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.

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귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Said the short minded investor!

Wrong advice

Don’t follow bad advice b

They wrong

They caught short .

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