Barclays Downgrades This Truckload Services Provider


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


  • Barclays analyst Brandon Oglenski downgraded Heartland Express Inc (NASDAQ:HTLD) to Underweight from Equal Weight and lowered the price target to $15, from $17.
  • Oglenski notes the trucking company "appears challenged" in a tight freight market, with its core fleet likely set to contract for another year in 2022.
  • The analyst adds that while Heartland remains a margin leader within the truckload sector, focusing on the most profitable freight in a highly competitive market leaves little opportunity for organic growth and historical challenges executing acquisitions.
  • Recently, Oglenski lowered the price target to $17 from $19, noting pricing remains key as the supply-driven volume recovery likely pushed out for the North American transportation sector.
  • Price Action: HTLD shares traded lower by 4.73% at $14.88 on the last check Wednesday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Analyst ColorNewsDowngradesPrice TargetSmall CapAnalyst RatingsMoversTrading IdeasBriefs