3 Analysts Cut Their Price Targets on UPS Stock. Here's Why It's a Buy.

In addition to bringing packages to customers' front doors this week, United Parcel Service (UPS 0.88%) delivered a business update to the market, including financial targets for the next three years. Investors, however, didn't take kindly to the news. Shares of UPS fell more than 8% on the day of the update from where they closed the day before. Wall Street is also unimpressed. Three analysts, in fact, slashed their price targets on UPS stock on Thursday.But just because analysts have taken a bearish stanc ...