Morgan Stanley Raises Price Target For Several Transportation Companies

In this article:
  • Morgan Stanley analyst Ravi Shanker raised Price Target for some transportation and logistics companies.

  • ArcBest Corp's (NASDAQ: ARCB) price target raised to 0 (implying an upside of 17%) from $96 and maintained an Overweight rating.

  • Saia Inc's (NASDAQ: SAIA) price target raised to 3 (implying a downside of 36%) from $140 and reiterated an Underweight rating.

  • Old Dominion Freight Line Inc's (NASDAQ: ODFL) price target raised to 5 (implying an upside of 10.8%) from $292 and maintained an Overweight rating.

  • Landstar System, Inc's (NASDAQ: LSTR) price target raised to 2 (implying a downside of 22.7%) from $119 and kept an Underweight rating.

  • Expeditors International's (NASDAQ: EXPD) price target raised to 5 (implying a downside of 8.9%) from $98 and maintained an Equal-Weight rating.

  • Price Action: ARCB shares are trading higher by 0.41% at $85.29, SAIA lower by 1.60% at $238.59, ODFL lower by 0.32% at $284.62, LSTR lower by 0.34% at $157.5, and EXPD lower by 0.84% at $115.19 on the last check Monday.

Latest Ratings for SAIA

Oct 2021

Morgan Stanley

Maintains

Underweight

Sep 2021

Raymond James

Maintains

Outperform

Aug 2021

Morgan Stanley

Maintains

Underweight

View More Analyst Ratings for SAIA
View the Latest Analyst Ratings

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