Morgan Stanley Maintains Equal-Weight Rating for Heartland Express: Here's What You Need To Know

Morgan Stanley has decided to maintain its Equal-Weight rating of Heartland Express HTLD and raise its price target from $17.00 to $18.00.

Shares of Heartland Express are trading up 1.38% over the last 24 hours, at $16.19 per share.

A move to $18.00 would account for a 11.18% increase from the current share price.

About Heartland Express

Heartland Express Inc is engaged in providing truckload services across the United States and Canada. These truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offers truckload temperature-controlled transportation services. The company's major customers represent primarily the consumer goods, appliances, food products, and automotive industries.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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