Stifel analyst David Ross upgraded United Parcel Service (UPS) to Buy from Hold with a price target of $104, down from $118. The stock closed yesterday down $6.74 to $87.18.

After the recent selloff in the market, one of the names most interesting due to its "healthy" cash generation is UPS, Ross tells investors in a research note.

Despite reducing estimates for the parcel names, the analyst believes UPS has a "steadier earnings and cash flow profile that investors should find attractive in a fearful market."