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Analysts Actions Monday Jan. 26 Called for Cuts, But Ruckus Wireless Wins

August 3, 2023
in Trade Tube
Reading Time: 1 min read
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UPS and Rogers Communications get downgraded while Ruckus Wireless is upgraded to BUY in Monday’s Analysts’ Actions. Ruckus is getting a lift from Citigroup analysts who say the company is due for a boost and could get bought out. Elsewhere, Rogers Communications is getting cut by Canaccord Genuity analysts who say its subscriber headcount is worrisome. And UPS, as we get ready for a blizzard, taking a hit too, from analysts at Barclays who aren’t so bullish any more. The analysts are concerned that UPS is outgrowing Fedex (FDX) for the first time in 15 years but that it does so at lower price and profitability.

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