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Analyst Delivers Downgrade on UPS Stock
Amazon’s stock resumes its breakout. Losing some UPS deliveries won’t stop it.
Amazon’s stock surged 1.3% to close at $237.68 on Friday. It reached as high as $240.29 in intraday trading, which was above its Jan. 28 record close of $238.15. There appeared to be some worry among investors about how UPS’s bombshell announcement might impact Amazon’s business.
UPS Stock Is Downgraded. Amazon News Weighs Heavily.
Baird analyst Garrett Holland changed his rating on the stock to Hold from Buy and cut his price target to $130 from $160.
Analyst Delivers Downgrade on UPS Stock after Move to Cut Amazon Volumes
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number of Amazon (AMZN)
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS stock price is tumbling after the delivery company said it would cut back service with Amazon
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on profitability.
UPS to halve Amazon deliveries; shipping giant's stock dives
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly 12% of UPS' total revenue in 2024, Tomé said. The company reported $91.1 billion in revenue for the fiscal year.
UPS Asks Amazon (AMZN) to Cut Its Package Volume by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will decrease by over 50% by
UPS Stock Drops 15% as Company Cuts Amazon Deliveries by Over 50% and Issues Weak Revenue Guidance
UPS shares fell over 15% Thursday after issuing weak revenue guidance and announcing plans to cut Amazon deliveries by more than 50% by late 2026. The shipping giant reported fourth-quarter revenue that missed analysts’ estimates.
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UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
2d
on MSN
UPS Stock Sinks on Plans to Slash Business with Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
3d
UPS stock plummets 15% because it's about to do a lot less Amazon business
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
2h
UPS breaks with Amazon to take ‘control of own destiny’
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
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UPS CEO Says Amazon Is 'Our Largest,' But 'Not Our Most Profitable Customer'
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
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Strategic Restructuring Fuels UPS Buy Rating Despite Amazon Volume Decline
Bernstein analyst David Vernon has maintained their bullish stance on UPS stock, giving a Buy rating yesterday.Invest with Confidence: Follow ...
3d
on MSN
UPS paid a big price for your Amazon deliveries
What they do & how much they get paid In corporate headlines, UPS is at the point of its relationship with Amazon, where it’s ...
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UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...
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