Amazon’s stock chart suggests a “multi-year breakout” has resumed, and the loss of some UPS deliveries won’t stop it.
Baird analyst Garrett Holland changed his rating on the stock to Hold from Buy and cut his price target to $130 from $160.
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability.Invest with ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...