United Parcel Service, Inc. (NYSE:UPS) is named among the Dividend Champions, Contenders, and Challengers List: 15 Highest Yielding Stocks. Bernstein raises UPS price target to $128 after strong Q4 beat, citing very strong performance and in-line 2026 guidance. Reuters reports UPS plans to cut 30,000 jobs and close 24 facilities in 2026 to reduce exposure to lower-margin deliveries tied to Amazon. In 2025, UPS eliminated 48,000 roles as Amazon-related volumes declined. UPS provides integrated logistics services worldwide. The company does not plan to implement layoffs for the additional cuts planned for 2026.
Read more at Yahoo Finance: Bernstein Raises UPS Price Target to $128 After Strong Q4 Beat
