Barclays Updates Price Target For Several Transportation Companies


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  • Barclays analyst Brandon Oglenski updated the price targets for several transportation companies.
  • The analyst mentions that the pricing remains key as the supply-driven volume recovery likely pushed out for the North American transportation sector.
  • The analyst lowered Heartland Express, Inc.'s (NASDAQ:HTLDprice target to $17 (an upside of 7%) from $19 and kept an Equal-Weight rating on the shares.
  • The analyst raised Expeditors International Of Washington Inc (NASDAQ:EXPDprice target to $105 (a downside of 12%) from $100 and maintained an Underweight rating on the shares.
  • The analyst raised J B Hunt Transport Services Inc (NASDAQ:JBHTprice target to $212 (an upside of 6.5%) from $195 and maintained an Equal-Weight rating on the shares.
  • The analyst raised Union Pacific Corp's (NYSE:UNPprice target to $280 (an upside of 14%) from $260 and maintained an Overweight rating on the shares.
  • The analyst lowered Werner Enterprises, Inc.'s (NASDAQ:WERN) price target to $53 (an upside of 15%) from $55 and maintained an Overweight rating on the shares.
  • The analyst lowered XPO Logistics Inc's (NYSE:XPO) price target to $95 (an upside of 37%) from $110 and maintained an Overweight rating on the shares.
  • Price Action: HTLD shares are trading lower by 1.92% at $15.84, EXPD by 3.17% at $119.95, UNP by 0.66% at $245.99, JBHT by 2.55% at $198.98, WERN by 0.24% at $46.03 and XPO by 1.78% at $69.44 on the last check Friday.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst ColorNewsPrice TargetReiterationSmall CapAnalyst RatingsBriefs