Amit Mehrotra

J B Hunt Transport Services Inc (NASDAQ: JBHT) stock traded higher Friday after the company reported earnings and revenue beats Thursday afternoon. J B Hunt reported second-quarter EPS of $1.14 on revenue of $2.15 billion. Both numbers topped the consensus analyst estimates of 83 cents and $2....

Union Pacific Corporation (NYSE: UNP) shares are up 43.1% in the past three months. The railroad giant appears to be chugging along thanks to optimism that the U.S. economy is on the track to a full recovery in the long-term. However, one large option trader on Monday morning made a big bet that...

FedEx Corporation (NYSE: FDX) reported Tuesday its fiscal second-quarter results, which came in better than expected but management revised its outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Ravi Shanker maintains an...

Eagle Bulk Shipping Inc (NASDAQ: EGLE) is benefiting from positive trends in the dry bulk shipping sector, according to Deutsche Bank.  The Analyst Deutsche Bank analyst Amit Mehrotra initiated coverage of the shares of Eagle Bulk Shipping with a Buy rating and $7 price target, suggesting...

Old Dominion Freight Line (NASDAQ: ODFL) reported better-than-expected earnings Oct. 26, with another quarter of strong earnings growth. The Analyst Deutsche Bank's Amit Mehrotra downgraded Old Dominion Freight Line from Hold to Sell and lowered the price target from $119 to $101. The...

Among a host of downgrades of industrial-focused transportation companies, Deutsche Bank said CSX Corporation (NASDAQ: CSX) is the only rail company it still has a Buy rating on. Meanwhile, the firm downgraded shares of Norfolk Southern Corp. (NYSE: NSC), Old Dominion Freight Line (NASDAQ: ODFL)...

When the dust finally settled on Amazon.com, Inc. (NASDAQ: AMZN)’s historic $13.7 billion buyout bid for Whole Foods Market, Inc. (NASDAQ: WFM) on Friday, Whole Foods stock was up 29.1 percent on the day, while Amazon stock finished the day up 2.4 percent as well. The deal has such wide-...

Even as analysts are working overtime analyzing the implications of Amazon.com, Inc. (NASDAQ: AMZN)'s deal to buy Whole Foods Market, Inc. (NASDAQ: WFM) for the retail sector, Deutsche Bank looked at what the proposed M&A transaction means for the transportation sector. Huge...

CSX Corporation (NASDAQ: CSX) announced the appointment of Hunter Harrison as its CEO effective immediately, with a four-year contract. The speedy entry of Hunter Harrison “should be a significant positive for shares over the course of this year and next,” Deutsche Bank’s Amit...

Deutsche Bank has upgraded CSX Corporation (NASDAQ: CSX) as its recent discussion with Mantle Ridge CEO Paul Hilal suggests profitability improvements are likely to be achieved within three years versus brokerage’s prior five-year assumption. Hunter Harrison Shares of railroad operator have...

“We are increasingly optimistic about the outlook for dry bulk rates and equities, even after the significant run in shares year-to-date,” Deutsche Bank’s Amit Mehrotra wrote in a report. He upgraded the rating on Star Bulk Carriers Corp. (NASDAQ: SBLK) from Hold to Buy, saying...

Despite a stormy year in the dry bulk shipping industry, Deutsche Bank issued a Buy rating on Scorpio Bulkers Inc (NYSE: SALT) with a price target of $7.25. Upgrade Justification The previous Hold rating was adjusted to reflect increased optimism about the shipping industry partly inspired by...

Deutsche Bank forecast 20 percent potential upside in FedEx Corporation (NYSE: FDX) shares as it started coverage of the stock with a Buy rating and $210 price target. Additionally, despite market chatter, the firm sees no threat from Amazon.com, Inc. (NASDAQ: AMZN) in the near and medium term....

Deutsche Bank reiterated its Buy rating on Scorpio Tankers Inc. (NYSE: STNG) after the company's second-quarter results and "one of the most bullish conference call[s] we've heard in over a year." The brokerage said, "Management communicated significant confidence in product tanker fundamentals...