Bernstein Maintains Outperform Rating on United Parcel Service (UPS) After CEO’s Strategy Talk

Bernstein analysts reiterated their Outperform rating and $133 price target for United Parcel Service, Inc. (NYSE:UPS) on May 29, indicating that they remain optimistic about the company following UPS CEO Carol Tomé’s presentation at the 41st annual Strategic Decisions Conference.

UPS Stock Maintains Outperform at Bernstein After CEO's Strategy Talk

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Tomé underlined that UPS is what some would call a “show-me” story, meaning that although investors are aware of the company’s tactics, they are still waiting for concrete results. She emphasized that there isn’t much opposition to UPS’s plans, like the anticipated volume rationalization with Amazon, which seeks to cut volumes by half by June 2026, and the possible advantages of greater automation.

Additionally, the CEO highlighted UPS’s ambitious cost-cutting goal of $3.5 billion for this year. She also expressed hope about the company’s prospects for expanding in the small package market. According to Bernstein’s study, the market understands UPS’s strategic objectives; however, the company’s ability to consistently meet its financial targets will be the true test of its success.

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Read More: 10 Best Stocks to Buy According to the Bill & Melinda Gates Foundation Trust and 15 Best Stocks to Buy According to Jim Simons’ Renaissance Technologies.

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