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Forward Air price target raised to $45 from $42 at Susquehanna

Susquehanna raised the firm’s price target on Forward Air (FWRD) to $45 from $42 and keeps a Positive rating on the shares. The firm said they have low expectations on LTL volume recovery materializing before late 2026, but they believe investors are better aligned with cyclical reality than they were entering 2025.

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