UPS price target lowered to $152 from $161 at Loop Capital

Loop Capital lowered the firm’s price target on UPS to $152 from $161 and keeps a Hold rating on the shares as part of a broader research note on Transportation. A freight recession “just won’t let go”, and while the end is “no doubt” closer than the beginning of it, green shoots remain scarce and nobody has any visibility, the analyst tells investors in a research note.