JP Morgan Maintains Neutral on Heartland Express, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Heartland Express (NASDAQ:HTLD) and reduced the price target from $15 to $14.

December 21, 2023 | 3:13 pm
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Heartland Express's price target has been lowered from $15 to $14 by JP Morgan, while maintaining a Neutral rating.
A reduction in price target by a major financial institution like JP Morgan can be seen as a negative signal, potentially leading to a short-term decline in the stock price. The Neutral rating indicates that the analyst does not see significant upside or downside potential, but the lowered price target suggests a slight bearish outlook on the stock's valuation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100