Spartan Motors (SPAR) Shares Outperforming Amid Two-Notch Analyst Upgrade
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Shares of Spartan Motors (Nasdaq: SPAR) are moving quite a bit higher today amid a two-notch upgrade from an analyst over at Barrington Research. The stock most recently traded at $5.64, up 3.7% from yesterday's closing price.
The firm lifted its investment rating on Spartan from Underperform to Outperform and also set a price target of $6.50.
Based on today's price action, Barrington's new price target represents potential upside of about 15%.
Visit our Analyst Ratings page to see all the market-moving upgrades/downgrades on shares of Spartan Motors.
Spartan Motors, Inc. engages in designing, engineering, and manufacturing custom motor vehicle chassis and bodies.
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