UPS climbs after lifting full-year revenue forecast
28/07/2026 11:32
BUZZ-UPS climbs after lifting full-year revenue forecast ** Shares of delivery giant United Parcel Service UPS.N up ~2.2% at $115.4 premarket
** Company raises full-year revenue forecast as it continues to pivot toward higher-margin shipments while further scaling back volumes handled for its largest customer, Amazon.com AMZN.O
** Expects 2026 revenue to be $91.2 billion, up from its previous forecast of $89.7 billion
** Median PT of 31 brokerages covering the stock is $115 — data compiled by LSEG
** As of last close, stock down ~14% YTD
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))
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