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Marten Transport price target raised to $19 from $18 at Stephens

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.

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