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

, 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.

Said the short minded investor!

Wrong advice

Don’t follow bad advice b

They wrong

They caught short .

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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?
Source: Reuters - 🏆 2. / 97 Read more »

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‼️
Source: CNBC - 🏆 12. / 72 Read more »