Stephens lowered the firm’s price target on Rush Enterprises (RUSHA) to $67 from $69 and keeps an Overweight rating on the shares after the company reported Q4 results ahead of the firm’s and consensus expectations. Rush noted that it anticipates truck sales will be challenging in the first half of 2025, but the company expects sales to ramp in the second half as freight rates move higher through the year, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RUSHA: