Why UPS Stock Was Moving Higher Today

Shares of United Parcel Service (NYSE: UPS) were climbing today after the transportation and logistics powerhouse got an upgrade from Deutsche Bank.

As of 10:50 a.m., the stock was up 2.6%.

Last night, Deutsche Bank analyst Amit Mehrotra raised his rating on UPS from hold to buy and lifted his price target from $197 to $220.

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Source Fool.com