PAMT Corp price target raised to $12.50 from $11 at Stephens

Stephens analyst Daniel Imbro raised the firm’s price target on PAMT Corp (PAMT) to $12.50 from $11 and keeps an Equal Weight rating on the shares. The firm is lowering estimates again for 2025 and 2026 as it lacks visibility to material improvements in the end-market, but adds that the firm expects modest profitability in the second half if PAMT executes on its cost-cutting initiatives.