Morgan Stanley Raises Price Target For Several Transportation Companies

Morgan Stanley analyst Ravi Shanker raised Price Target for some transportation and logistics companies.
ArcBest Corp's ARCB price target raised to $100 (implying an upside of 17%) from $96 and maintained an Overweight rating.
Saia Inc's SAIA price target raised to $153 (implying a downside of 36%) from $140 and reiterated an Underweight rating.
Old Dominion Freight Line Inc's ODFL price target raised to $315 (implying an upside of 10.8%) from $292 and maintained an Overweight rating.
Landstar System, Inc's LSTR price target raised to $122 (implying a downside of 22.7%) from $119 and kept an Underweight rating.
Expeditors International's EXPD price target raised to $105 (implying a downside of 8.9%) from $98 and maintained an Equal-Weight rating.
Price Action: ARCB shares are trading higher by 0.41% at $85.29, SAIA lower by 1.60% at $238.59, ODFL lower by 0.32% at $284.62, LSTR lower by 0.34% at $157.5, and EXPD lower by 0.84% at $115.19 on the last check Monday.