Proficient Auto Logistics price target raised to $12 from $11 at Stifel

Stifel analyst J. Bruce Chan raised the firm’s price target on Proficient Auto Logistics (PAL) to $12 from $11 and keeps a Buy rating on the shares. For 2026, the firm believes the focus for transport stocks will be on supply rationalization and cost-driven self-help, says the analyst, who continues to position “more conservatively in high-quality names that preserve or even expand share in a mild pullback.”