Raymond James Bumps Up Forward Air Price Target By ~4%
Raymond James analyst Patrick Tyler Brown raised the price target for Forward Air Corp (NASDAQ: FWRD ) to $140 (an upside of 33%) from $135 while maintaining the Strong Buy rating on the shares. The analyst maintains the rating following a record Q2 and continued strength into Q3, driven by stellar pricing with tonnage holding firm. Brown remains enamored by FWRD''s actions to improve revenue quality by culling loose|over-sized|non-palletized freight for high-value|denser freight. These actions, paired with benefits from momentum in the … Full story available on Benzinga.com
Raymond James Bumps Up Forward Air Price Target By ~4%
Raymond James analyst Patrick Tyler Brown raised the price target for Forward Air Corp (NASDAQ: FWRD ) to $140 (an upside of 33%) from $135 while maintaining the Strong Buy rating on the shares. The analyst maintains the rating following a record Q2 and continued strength into Q3, driven by stellar pricing with tonnage holding firm. Brown remains enamored by FWRD''s actions to improve revenue quality by culling loose|over-sized|non-palletized freight for high-value|denser freight. These actions, paired with benefits from momentum in the … Full story available on Benzinga.com