UPS price target lowered to $130 from $140 at Susquehanna

Susquehanna lowered the firm’s price target on UPS (UPS) to $130 from $140 and keeps a Neutral rating on the shares. The firm view UPS’s decoupling from Amazon (AMZN) as strategically right-minded in the long term. Nearer term, this “glide down” drives concern about execution risk, as parcel profit growth without revenue growth is historically rare.