Baird Maintains Neutral on Forward Air, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Benjamin Hartford has maintained a Neutral rating on Forward Air (NASDAQ:FWRD) and reduced the price target from $50 to $40.
March 01, 2024 | 5:45 pm
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NEGATIVE IMPACT
Baird analyst maintains a Neutral rating on Forward Air and lowers the price target from $50 to $40.
The reduction in price target by Baird, a reputable financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Forward Air.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100