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UPS, FedEx Gain ‘Buy’ Ratings. There’s Upside for Margins.
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It’s time to bet on a pair of parcel-shipping stocks, Truist Securities says. Analyst Lucas Servera began coverage of UPS and FedEx with Buy ratings and respective stock-price targets of $140 and $305. UPS stock gained 1% to $116.39 in Thursday trading, while FedEx edged 0.4% lower to $242.54.
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