Baird Upgrades Forward Air to Outperform, Raises Price Target to $130
Portfolio Pulse from richadhand@benzinga.com
Baird analyst Benjamin Hartford has upgraded Forward Air (NASDAQ:FWRD) from Neutral to Outperform and raised the price target from $106 to $130.
July 19, 2023 | 9:04 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Forward Air's stock has been upgraded to Outperform by Baird, with a raised price target of $130, up from $106.
The upgrade from Baird is a positive signal for Forward Air. The raised price target indicates that the analyst sees potential for the stock's price to increase in the future. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100