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On Wednesday, analysts at Nomura initiated coverage on multiple stocks in the transportation sector:
J B Hunt Transport Services Inc (NASDAQ: JBHT) Buy rating; $90 price target. “The dominant player in a growing market.”
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Kansas City Southern (NYSE: KSU) Buy rating; $133 price target. “Attractive top-line growth and margin expansion.”
Union Pacific Corporation (NYSE: UNP) Buy rating; $130 price target. “Core long-term holding in rail, we’re buyers for the long haul.”
Werner Enterprises, Inc. (NASDAQ: WERN) Neutral rating; $31 price target.
Con-way Inc (NYSE: CNW) Neutral rating; $51 price target. “A turnaround story with potential catalysts in pricing, operating cost leverage, and industry capacity rationalization.”
Expeditors International of Washington (NASDAQ: EXPD) Neutral rating; $47 price target. “A former high flyer caught in a holding pattern.”
C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) Neutral rating; $75 price target. “The best in brokerage: here’s to you, C.H. Robinson.”
Genesee & Wyoming Inc (NYSE: GWR) Neutral rating; $101 price target. “North America play on short-line consolidation.”
Norfolk Southern Corp. (NYSE: NSC) Neutral rating; $119 price target. “A high quality story with one of the best management teams.”
Crypto Whales Are Loading Up — Are You?
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.