Susquehanna analyst Bascome Majors lowered the firm’s price target on Forward Air (FWRD) to $42 from $45 and keeps a Positive rating on the shares. The firm said the company’s strategic review appears to be nearing an end, and with shares trading at just ~around 8.5x 2026E EBITDA, they continue to see value in the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FWRD: