Con-Way, Old Dominion, Saia Jump Mid-Day as Sidoti Upgrades to Buy (CNW, ODFL, SAIA)
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Price: $47.55 --0%
Rating Summary:
5 Buy, 15 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
5 Buy, 15 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Earlier today, several stocks in the Transportation sector saw mid-day moves higher following intraday upgrades from a Sidoti analyst. Con-Way (NYSE: CNW), Old Dominion Freight (Nasdaq: ODFL) and Saia (Nasdaq: SAIA) were each upgraded from Neutral to Buy, with the stocks jumping, on average, about 2% following the upgrade.
The analyst lifted his target on Con-Way shares from $36 to $56, his target on Old Dominion from $30 to $43, and his price target on Saia from $17 to $23.
Shares of Con-Way are now up nearly 5% for the session, most recently trading at $38.55, shares of ODFL are around $33.65, also up 5%, and Saia shares are currently up 4% to $15.57. Sidoti's new price targets on Con-Way, Old Dominion and Saia represent potential upside of about 45%, 28% and 48%, respectively.
The analyst lifted his target on Con-Way shares from $36 to $56, his target on Old Dominion from $30 to $43, and his price target on Saia from $17 to $23.
Shares of Con-Way are now up nearly 5% for the session, most recently trading at $38.55, shares of ODFL are around $33.65, also up 5%, and Saia shares are currently up 4% to $15.57. Sidoti's new price targets on Con-Way, Old Dominion and Saia represent potential upside of about 45%, 28% and 48%, respectively.
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