Here's What to Expect From UPS in the Second Half of 2024
For (NYSE: UPS) shareholders and potential investors, the year 2024 is poised to be a tale of two halves. While the first half is likely to show evidence of a profit decline, the second half promises a significant upswing.
This potential for high returns in the latter part of the year should inspire optimism in those two investing cohorts about UPS' future as a stock.
Here's a summary of management's guidance for the full year. As the table illustrates, there's likely to be a massive shift in year-over-year profit growth in the second half. Several factors contribute to this change, and I'll run through the main ones below.
Source Fool.com
United Parcel Service Inc. Stock
€118.68
1.500%
With 19 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 157 € shows a positive potential of 32.29% compared to the current price of 118.68 € for United Parcel Service Inc..
