Raymond James Maintains Strong Buy on Forward Air, Raises Price Target to $120
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Patrick Tyler Brown maintains a Strong Buy rating on Forward Air (NASDAQ:FWRD) and raises the price target from $115 to $120.
July 07, 2023 | 11:27 am
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POSITIVE IMPACT
Raymond James maintains a Strong Buy rating on Forward Air and raises the price target from $115 to $120, which could lead to a positive market reaction.
The Strong Buy rating maintained by Raymond James, coupled with an increased price target, indicates a positive outlook for Forward Air. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100