UPS Gets Price Target Increase from Jefferies on Infrastructure Advantage

United Parcel Service, Inc. (NYSE:UPS) is included among the 15 Best Stocks to Buy Now for Passive Income.

On March 3, Jefferies raised the firm’s price recommendation on United Parcel Service, Inc. (NYSE:UPS) to $135 from $130. It reiterated a Buy rating on the shares. The firm said that as investors pay closer attention to business models that could face disruption from AI, transportation networks built around physical infrastructure stand out. The analyst described these as “core HALO exposures,” or Heavy Assets with Low Obsolescence.

In the firm’s view, value in these businesses is derived “not just from software or labor inputs, but from long-lived infrastructure that is capital intensive, regulated, and effectively impossible to rebuild from scratch.” Against this backdrop, the firm said it is raising price targets across its physical asset transportation stocks.

United Parcel Service, Inc. (NYSE:UPS) provides integrated logistics solutions for customers in more than 200 countries and territories. Its U.S. Domestic Package segment offers a range of United States domestic air and ground package transportation services.

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