Susquehanna Maintains Positive on Forward Air, Lowers Price Target to $124
Portfolio Pulse from richadhand@benzinga.com
Susquehanna analyst Bascome Majors maintains a Positive rating on Forward Air (NASDAQ:FWRD) but lowers the price target from $125 to $124.
June 16, 2023 | 2:10 pm
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Susquehanna analyst Bascome Majors maintains a Positive rating on Forward Air but lowers the price target from $125 to $124.
The news indicates that Susquehanna still has a positive outlook on Forward Air, but the lowered price target may cause some investors to reevaluate their positions. However, the change is minimal, and the overall sentiment remains positive, which is why the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100