Stephens analyst Daniel Imbro raised the firm’s price target on Marten Transport (MRTN) to $19 from $18 and keeps an Overweight rating on the shares after the company reported Q4 EPS that beat the firm’s and consensus forecast, primarily driven by better than anticipated margin leverage in both trucking segments. The firm expects continued cost inflation in 2025, but truckload rate improvement should exceed cost inflation and lead to operating ratio leverage, the analyst tells investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRTN:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue