UBS Maintains a Buy Rating on United Parcel Service (UPS)

United Parcel Service, Inc. (NYSE:UPS) is one of the best dividend stocks to buy. On August 28, UBS reiterated a Buy rating on UPS with a price target of $118, pointing to the successful implementation of network changes. UBS noted that UPS is closing 74 terminals in the first half of 2025 as part of its efforts to handle reduced business from Amazon. According to UBS, the company is moving forward with its plan to reduce its American workforce by 20,000 and lower expenses by $3.5 billion in 2025. UBS M ...