This United Parcel Service analyst has shifted away from a bullish stance; check out the top five downgrades for Thursday

Recent Analyst Rating Updates on Key Stocks

Leading Wall Street analysts have revised their recommendations for several major companies. For a comprehensive list of analyst actions, including upgrades, downgrades, and new coverage.

Latest Analyst Downgrades and Price Target Changes

• Edward Nash of Canaccord Genuity has shifted his stance on Ventyx Biosciences Inc (NASDAQ: VTYX), moving from a Buy to a Hold rating, and adjusted the price target down from $16 to $14. The stock ended Wednesday at $13.73.
• Ketan Mamtora at BMO Capital has downgraded PotlatchDeltic Corp (NASDAQ: PCH) from Outperform to Market Perform, reducing the price target from $51 to $45. Shares closed at $40.00 on Wednesday.
• David Rodgers from Baird has revised his outlook on Prologis Inc (NYSE: PLD), downgrading from Outperform to Neutral, while slightly increasing the price target from $128 to $130. Prologis finished Wednesday at $126.90.
• Alexander Potter of Piper Sandler has lowered his rating for BorgWarner Inc (NYSE: BWA) from Overweight to Neutral, and decreased the price target from $52 to $51. The stock closed at $47.45 on Wednesday.
• Scott Group at Wolfe Research has shifted United Parcel Service Inc (NYSE: UPS) from Outperform to Peer Perform. UPS shares ended Thursday at $105.41.

Analyst Sentiment on UPS

Thinking about investing in UPS? Here’s a summary of what analysts are saying:

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Stock Snapshot

• BorgWarner Inc (BWA): $47.45, daily change: - %
• PotlatchDeltic Corp (PCH): $39.47, daily change: -1.33%
• Prologis Inc (PLD): $126.25, daily change: -0.51%
• United Parcel Service Inc (UPS): $104.17, daily change: -1.18%
• Ventyx Biosciences Inc (VTYX): $13.78, daily change: +0.36%