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The Zhitong Finance App learned that the UPS.US stock price is expected to record the best weekly performance since May this week. Previously, the express delivery giant's third-quarter profit exceeded market expectations and raised its performance guidelines. CEO Carol Tomé anticipates that strong demand during the holiday season will drive an average daily package volume increase of about 25% month-on-month. Wall Street analysts then raised their target prices one after another.
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The Zhitong Finance App learned that the stock price of United Parcel (UPS.US) is expected to record the best weekly performance since May this week. Previously, the express delivery giant's third-quarter profit exceeded market expectations and raised its performance guidelines. CEO Carol Tomé anticipates that strong demand during the holiday season will drive an average daily package volume increase of about 25% month-on-month. Wall Street analysts then raised their target prices one after another.
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