UBS AG has given United Parcel Service (UPS) a "Buy" rating with a target price of $159. The analyst from the Swiss bank, Thomas Wadewitz, observed a positive shift in UPS's performance in the third quarter, which is expected to boost the company's share price.

The analysis emphasizes the improved outlook for the logistics company, suggesting that these positive developments could attract more investor interest. Currently, UPS shares are trading at 125.42 CHF, reflecting an 8.03% increase.

The analyst from UBS AG believes that UPS's positive performance in the third quarter will continue to drive the company's share price higher. This positive outlook has led UBS to give UPS a "Buy" rating with a target price of $159.