Is UPS Stock Stuck Back at Pre-Pandemic Levels, or Is There Room for Recovery in 2025?
United Parcel Service (NYSE: UPS) is a vital cog in the e-commerce space. That was a boon to the business during the coronavirus pandemic, but it has been a bit of a trouble spot now that the world has learned to live with COVID-19. In fact, the stock now trades at around the same levels it did prior to the stock's pandemic rally. Is this package delivery giant stuck in neutral, or is there hope for the future?
Wall Street has a really bad habit of getting a story in its teeth and then running with it. Investors usually run too far, leading to a deep snapback in the share price of whatever investments got caught up in the story. That is the backdrop for UPS' huge price advance in 2020 and 2021. And its subsequent crash in 2022, which is still ongoing today.
Source Fool.com
United Parcel Service Inc. Stock
Our community is currently high on United Parcel Service Inc. with 45 Buy predictions and 6 Sell predictions.
With a target price of 105 € there is a positive potential of 30.45% for United Parcel Service Inc. compared to the current price of 80.49 €.
