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Stifel Upgrades FedEx On Accelerating US Parcel Market
Thursday, September 24, 2020 - 2:35pm | 244Read More...FedEx Corporation (NYSE: FDX) has exhibited strength amid the pandemic and could continue benefiting from the growing U.S. parcel market due to an acceleration of e-commerce trends, according to Stifel. The FedEx Analyst: David Ross upgraded FedEx from Hold to Buy, while raising the price target...
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Stifel Likes 'Brown Brown,' Upgrades UPS To Buy
Tuesday, March 10, 2020 - 2:36pm | 379Read More...United Parcel Service, Inc. (NYSE: UPS) emerged as one of the "most interesting" names in the beaten-up stock market and should be bought by investors at current levels, according to Stifel. The UPS Analyst David Ross upgraded UPS from Hold to Buy with a price target lowered from $118 to...
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Stifel On Atlas Air: Company Has Lingering Pilot Union Issues, But Stock Still Attractive
Tuesday, September 24, 2019 - 12:51pm | 364Read More...Shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW) are now trading at prices last seen in 2009 and at a meaningful discount to its closest competitor Air Transport Services Group Inc. (NASDAQ: ATSG), despite its much larger fleet, according to Stifel. The Analyst Stifel’s David Ross...
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Stifel On UPS: Wait To Buy This 'Large, Improving Cash Flow Machine'
Monday, July 29, 2019 - 12:46pm | 343Read More...United Parcel Service, Inc. (NYSE: UPS) has exceeded Stifel's price target. As such, investors may want to consider waiting for a better opportunity to buy the "large, improving cash flow machine" of a company. The Analyst Stifel's David Ross downgraded UPS from Buy to Hold with...
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Is JB Hunt's Q1 Miss A 'Reality Check' For The Sector? The Street Debates
Tuesday, April 16, 2019 - 1:57pm | 731Read More...Transportation and logistics company J B Hunt Transport Services Inc (NASDAQ: JBHT) reported Monday with a top- and bottom-line miss in the first quarter — results that have Morgan Stanley questioning whether they represent a "reality check" for the transportation...
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Marten Transport Has Limited Downside, Fair Valuation, Stifel Says In Upgrade
Wednesday, August 29, 2018 - 12:15pm | 352Read More...Shares of truckload carrier Marten Transport, Ltd (NASDAQ: MRTN) — which operates in the U.S., Canada and Mexico — have come under pressure since its July 17 second-quarter print. The Analyst Stifel analyst David Ross upgraded Marten from Sell to Hold and...
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Knight-Swift Bull Thesis Carries Weight With Stifel Upgrade
Monday, May 21, 2018 - 2:52pm | 325Read More...Knight-Swift Transportation Holdings Inc (NYSE: KNX) is down 18 percent over the last two months, and Stifel Nicolaus sees a buying opportunity. The Rating Analysts David Ross and Austin Remey upgraded Knight-Swift to Buy with a $48 price target. The Thesis In the first quarter, the Knight...
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Stifel Upgrades Saia After Sell-Off, Says Freight Carrier Benefits From Better Volumes, Higher Pricing
Tuesday, May 1, 2018 - 9:31am | 403Read More...Stifel turned bullish on the trucking company Saia Inc (NASDAQ: SAIA) after a forecast-beating first-quarter print. The Analyst Stifel's David Ross upgraded Saia from Hold to Buy and lowered the price target from $83 to $78. The Thesis Saia's tonnage grew a...
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Covenant Transportation Beats Estimates In 'Strong' Freight Market, Stifel Says In Upgrade
Thursday, April 26, 2018 - 11:32am | 394Read More...Covenant Transportation Group, Inc. (NASDAQ: CVTI) reported first-quarter results Tuesday that showed a 9.3-percent increase in total revenue and net income of 24 cents per share. The company guided to meaningful year-over-year improvements in earnings per share for each quarter of 2018. The...
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FedEx's Q3 Shows Upward Earnings Trajectory, Stifel Says In Upgrade
Wednesday, March 21, 2018 - 10:18am | 388Read More...FedEx Corporation (NYSE: FDX) reported a top- and bottom-line beat in the third quarter Tuesday, turning at least one Wall Street analyst bullish. The Analyst Stifel's David Ross upgraded FedEx's stock rating from Hold to Buy with a price target lifted from $284 to $295. The...
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UPS Is Oversold, Despite Teamsters, Amazon Concerns, Stifel Says In Upgrade
Tuesday, March 6, 2018 - 3:07pm | 398Read More...Shares of United Parcel Service, Inc. (NYSE: UPS) have lost around 20 percent since the end of January in reaction to concerning capex guidance and ongoing reports Amazon.com, Inc. (NASDAQ: AMZN) is looking to create its own potential rival delivery service. The Analyst Stifel's David Ross...
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BEST Of The Best: Stifel's New Top Growth Idea
Monday, October 16, 2017 - 9:21am | 457Read More...If you like Alibaba Group Holdings Ltd (NYSE: BABA), maybe you’ll like what BABA likes. The firm has a 28-percent stake in BEST Inc (ADR) (NYSE: BSTI), a derivative play Stifel Nicolaus advocates. “We believe its significant market share gains, unique asset-light business model, and...
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Why Investors Might Consider Taking Profits In FedEx
Wednesday, November 16, 2016 - 9:06am | 264Read More...Stifel Nicolaus on Tuesday downgraded FedEx Corporation (NYSE: FDX) to Hold from Buy and recommends some profit-taking due to likely lower returns amid longer and costlier TNT integration. The stock also reached Stfiel’s $186 price target. “[W]hat we believe to be a still-fragile...
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Stifel Downgrades Ryder System, Expects Benefit From Outsourcing Tailwinds
Thursday, April 17, 2014 - 4:08pm | 216Read More...Analyst David Ross at Stifel Nicolaus on Thursday, April 17, 2014, downgraded Ryder System, Inc. (NASDAQ: R) from Buy to Neutral and removed the $84.00 price target. Shares of the company are down $0.39 or 0.48 percent to $80.21 per share. The firm commented, “Although we continue to believe...
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UPDATE: Stifel Upgrades Roadrunner Transportation Systems on Attractive Valuation
Wednesday, December 18, 2013 - 9:43am | 183Read More...In a report published Wednesday, Stifel analyst David Ross upgraded the rating on Roadrunner Transportation Systems (NYSE: RRTS) from Hold to Buy, and named a $31.00 price target. In the report, Stifel noted, “We are upgrading the shares of Roadrunner from Hold to Buy, as our target price of $31...
