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United Parcel Service Inc.'s (UPS) stock was in focus on Wednesday after Citi lowered its price target to $122 from $132 while maintaining a 'Buy' rating ahead of its October 27 third-quarter earnings report
Despite ongoing plans to cut up to 30,000 permanent operational jobs in 2026, UPS announced it will hire 100,000 seasonal workers to manage peak holiday parcel volumes. Operations are spread across hundreds of locations throughout the US, offering flexible shifts. UPS stated that the additional personnel will help…