By now, most investors will know that UPS (NYSE: UPS) reported a bumper set of fourth-quarter earnings, and the stock soared higher in response. In a nutshell, the company is on track to meet its 2023 targets a year early. However, the party isn't over by a long shot. The trend in its numbers and operational trends suggest there could be plenty more upside to the stock to come. Here's why.
It's a good idea to start by recapping the 2023 targets laid out on the investor day in June 2020. The key points are in the table below.
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UPS Stock Is Soaring and There's More Room to Run