UPS price target raised, added to ‘Tactical Outperform’ list at Evercore ISI

Evercore ISI raised the firm’s price target on UPS (UPS) to $147 from $141 and keeps an In Line rating on the shares, which the analyst is also adding to the firm’s “Tactical Outperform” list. Ahead of earnings, the firm is making “modest tweaks” to its Q4 and FY25 EPS estimates and “without a fear of the next miss or lower” believes the stock can finally revert some its material underperformance since mid-2023, the analyst tells investors. The firm thinks a meet/in-line outcome for Q4 and the FY25 guide “could result in a short-covering event,” adds the analyst, who introduced 2026 estimates that call for consecutive double-digit EPS growth years.