Morgan Stanley lowered the firm’s price target on Heartland Express (HTLD) to $8 from $10 and keeps an Equal Weight rating on the shares. The firm adjusted ratings and targets in the freight transportation group as part of its 2026 outlook. It upgraded its freight transportation industry view to Attractive from In-Line for 2026. Risk/rewards are the best they have been since 2020, “even if the coast is not entirely clear,” the analyst tells investors.
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 HTLD:
- Cautious Outlook for Heartland Express Amid Rate Pressures and Industry Challenges
- Heartland Express price target lowered to $8 from $8.50 at Baird
- Heartland Express reports Q3 EPS (11c), consensus (12c)
- Heartland Express Approves Equity Grant for Director
- HTLD Earnings this Week: How Will it Perform?
