Streetbeat News

Price Targets

WERN

Susquehanna analyst Bascome Majors maintains a Neutral rating on Werner Enterprises (NASDAQ:WERN) and lowers the price target from $48 to $42.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:45 pm

UNP

Susquehanna analyst Bascome Majors maintains a Neutral rating on Union Pacific (NYSE:UNP) and lowers the price target from $240 to $220.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:43 pm

SNDR

Susquehanna analyst Bascome Majors maintains a positive outlook on Schneider National (NYSE:SNDR), but has lowered the price target from $39 to $32.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:42 pm

RXO

Susquehanna analyst Bascome Majors maintains a negative outlook on RXO (NYSE:RXO) and has lowered the price target from $14 to $13.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:40 pm

NSC

Susquehanna analyst Bascome Majors has maintained a Neutral rating on Norfolk Southern (NYSE:NSC) and lowered the price target from $245 to $215.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:38 pm

LSTR

Susquehanna analyst Bascome Majors maintains a Neutral rating on Landstar System (NASDAQ:LSTR) and lowers the price target from $196 to $180.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:36 pm

GOOGL

Piper Sandler analyst Thomas Champion reiterated an Overweight rating on Alphabet Inc (NASDAQ:GOOGL) with a price target of $147. He expects Alphabet to be a major player in AI and sees new product opportunities. He raised CAPEX Google Cloud revenue for FY24E and FY25E and increased near-term YouTube revenues. He also sees an improving picture for core Search and new Cloud/AI revenue streams emerging.

Portfolio Pulse from Anusuya Lahiri

October 03, 2023 | 6:34 pm

KNX

Susquehanna analyst Bascome Majors maintains a Neutral rating on Knight-Swift (NYSE:KNX) and lowers the price target from $51 to $45.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:34 pm

JBHT

Susquehanna analyst Bascome Majors maintains a Neutral rating on JB Hunt Transport Servs (NASDAQ:JBHT) and lowers the price target from $193 to $190.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:32 pm

VLO

Piper Sandler analyst Ryan M. Todd reiterated an Overweight rating on Valero Energy Corporation (VLO), raising the price target to $171 from $168. Despite a reduction in EPS/EBITDA estimates, Todd believes VLO's earnings power remains robust due to global capacity tightness, supportive demand, and an advantaged cost structure. Todd expects VLO to accelerate buyback pace in Q3 and sees it as an attractive investment option due to its inexpensive valuation. However, he revised Q3 EPS/EBITDA estimates lower due to net headwinds to refining capture and DGD margins.

Portfolio Pulse from Nabaparna Bhattacharya

October 03, 2023 | 6:32 pm