BUZZ - UPS shares rise after raising annual profit and revenue forecast

October 27 - ** Shares of courier giant United Parcel Service Inc UPS.N rose about 2% in premarket trading, quoted at $102.3

** The company raised its full-year performance outlook after profitability was boosted by high-margin international air freight business, having decided to cut millions of low-margin deliveries for its largest client, Amazon.com AMZN.O

** Adjusted earnings per share for fiscal year 2026 are projected to be about $7.28, higher than the July forecast of $7.22

** Annual revenue is expected to be $92.6 billion, up from the previous forecast of $91.2 billion

** The median target price from 30 brokerages covering this stock is $115 — data compiled by LSEG

** As of the close of the last trading day, the stock was up about 1% for the year

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