UPS price target lowered to $139 from $140 at JPMorgan

JPMorgan lowered the firm’s price target on UPS (UPS) to $139 from $140 and keeps a Neutral rating on the shares post the Q3 report. The firm attributes the post-earnings selloff to a “generally cautious or apathetic view” on a sector where the “long-awaited inflection keeps getting pushed out to the right.”