
BMO lowers United Parcel Service's UPS.N rating to "market perform" from "outperform", slashes PT to $96 from $125
The new PT still represents a premium of 12.9% from the stocks last close
Brokerage says UPS's B2B demand recovery remains weak, with macroeconomic pressures worsened by the end of de minimis exemptions
Says co's shift away from Amazon and integration of Surepost has triggered a $3.5 billion network overhaul, but execution challenges are slowing expected cost benefits
BMO cuts co's 2025 EPS forecast to $6.29 from $6.94
13 of 32 brokerages rate the stock "buy" or higher, 16 "hold" and 3 "sell"; their median PT is $100- data compiled by LSEG
As of last close, stock had fallen 32.6% YTD