Blue Bird price target raised to $75 from $55 at Barclays

Barclays raised the firm’s price target on Blue Bird (BLBD) to $75 from $55 and keeps an Overweight rating on the shares following the fiscal Q2 report. Blue Bird’s EBITDA outlook remains positive as the company outpaces the industry, the analyst tells investors in a research note. The firm believes the company’s shuttle bus entry should support its next growth leg.