Evercore ISI Sees Cost Initiatives Anchoring EPS at United Parcel Service, Inc. (UPS)

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United Parcel Service, Inc. (NYSE:UPS) is included among

Dividend Contenders List: Top 20 Stocks.

Evercore ISI Sees Cost Initiatives Anchoring EPS astatine  United Parcel Service, Inc. (UPS)

Evercore ISI Sees Cost Initiatives Anchoring EPS astatine United Parcel Service, Inc. (UPS)

On January 21, Evercore ISI raised its terms people connected United Parcel Service, Inc. (NYSE:UPS) to $113 from $94 and kept an In Line standing connected the shares. The expert pointed to a mixed macro backdrop that continues to signifier gross expectations, portion outgo initiatives stay cardinal to EPS growth. Looking ahead, fourth-quarter net are "expected to clasp steady."

On the strategical front, UPS said earlier successful November that it completed the acquisition of Andlauer Healthcare Group, a Canada-based supplier of healthcare-focused proviso concatenation and acold concatenation logistics services. Under the woody terms, AHG shareholders received C$55.00 per stock successful cash, valuing the transaction astatine astir C$2.2 billion, oregon astir USD $1.6 billion.

The acquisition highlights UPS’s propulsion to grow its specialty healthcare capabilities. By adding AHG’s acold concatenation web and assemblage expertise, UPS aims to shorten transit times, amended end-to-end visibility, widen its planetary reach, and fortify prime assurance for healthcare customers.

United Parcel Service, Inc. (NYSE:UPS) offers integrated logistics and proscription services to customers successful much than 200 countries and territories worldwide.

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