SA: UPS called out by Credit Suisse for profit gains

SEEKING ALPHA reports:
– Credit Suisse upgrades UPS (NYSE:UPS) to an Outperform rating from Neutral on what it calls a clear line of sight to high-teens EPS growth and cash flow conversion.
– Catalysts called out by CS: “(1) Domestic pricing power has tangibly shifted toward the carriers; (2) capex is likely set to begin its descent from a multi-year high, with further and potentially significant opportunities to reduce capital intensity; and (3) the …

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Source: The Loadstar

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