This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Over the past 3 months, 11 analysts have published their opinion on United Parcel Service (NYSE:UPS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
JP Morgan analyst Brian Ossenbeck downgrades United Parcel Service (NYSE:UPS) from Overweight to Neutral and lowers the price target from $229 to $202.
Key Takeaways:
• Global logistics services provider De Well has filed for a Hong Kong IPO, aiming to boost its footprint on booming demand for cross-border e-commerce
A whale with a lot of money to spend has taken a noticeably bullish stance on United Parcel Service.
Looking at options history for United Parcel Service (NYSE:UPS) we detected 13 strange trades.