BUZZ- UPS rises after BofA upgrades to 'buy' on predicted recovery in 2025

United Parcel Service's UPS.N shares rise 1.4% to $129.26

BofA Global Research raises UPS to 'buy' from 'neutral'

Brokerage sees a potential end to freight recession in 2025; says company's dynamic pricing model and cost cutting will also help

BofA says UPS launched more aggressive dynamic pricing in the fourth quarter, including raising rates for Chinese e-commerce sellers such as Temu and SHEIN

UPS is scheduled to report its Q4 earnings on 30 Jan

"Results should be aided by improving freight activity, as we target domestic volumes to grow for the 3rd consecutive quarter after declining in 11 of the prior 12 quarters," brokerage said

Eighteen of 31 brokerages rate the stock "buy" or higher, 10 "hold" and 3 "sell"; their median PT is $150 - data compiled by LSEG

UPS shares fell 19.8% in 2024

(Reporting by Abhinav Parmar in Bengaluru)

((Abhinav.Parmar@thomsonreuters.com;))