UPDATE: Deutsche Bank Lowers PT on Con-way Inc from $45 to $42

Deutsche Bank has published a research report on Con-way Inc CNW lowering the price target after a recent sell off by the transportation company. In the report, Deutsche Bank wrote, "Menlo Logistics and Con-way Truckload both performed solidly in Q2 and showcased solid profitability improvement. Menlo's results were particularly impressive as the segment modestly expanded y/y gross and net revenue off challenging comparisons and the company highlighted a solid business pipeline." Deutsche Bank rated Con-way a BUY with a price target lowered from $45.00 to $42.00. Con-way closed Monday at $25.25.