Rush Enterprises price target lowered to $60 from $61 at Stephens

Stephens analyst Daniel Imbro lowered the firm’s price target on Rush Enterprises (RUSHA) to $60 from $61 and keeps an Overweight rating on the shares. Despite the uncertain Class 8 unit backdrop, free cash flow generation remains strong and the firm expects management to continue returning cash to shareholders through repurchases and dividends in the absence of attractive M&A, the analyst tells investors in a post-earnings note.