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Deutsche Bank Raises PT On Old Dominion To $46
Friday, July 29, 2011 - 5:55am | 27Deutsche Bank has raised the price target on Old Dominion (NASDAQ: ODFL) from $44 to $46 and maintains its Buy rating.
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Morgan Stanley Reiterates Underweight Rating on Knight Transportation
Thursday, July 28, 2011 - 9:29am | 155Morgan Stanley has published a report on Knight Transportation (NYSE: KNX) reiterating the Underweight rating. In the report, Morgan Stanley wrote, "In our preview, we highlighted that KNX's 2Q11 results would benefit from 1Q11 contract renewals and some recovery in utilization following poor 1Q...
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UPDATE: J.P. Morgan Lowers PT on Knight Transportation to $18
Thursday, July 28, 2011 - 8:40am | 96J.P. Morgan is out with its report today on Knight Transportation (NYSE: KNX), lowering its PT from $19 to $18. In a note to clients, J.P. Morgan writes, "We are adjusting our December 2011 price target from $19 to $18 due to a reduction in our 2012 EPS forecast from $1.00 to $0.94//share. We...
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Jefferies Reiterates Hold on Knight Transportation, Slashes PT to $18
Thursday, July 28, 2011 - 8:20am | 42Jefferies reiterated its Hold rating on Knight Transportation (NYSE: KNX). At the same time, the rating agency reduced its price target on the company's stock from $19 to $18. On Wednesday, KNX closed the day at $16.
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Citi Lowers PT Slightly On KNX, To $19
Thursday, July 28, 2011 - 7:46am | 155Citi is lowering its price target from $20 to $19 on Knight Transportation (NYSE: KNX) in spite of the company's above expectations results in 2Q11. According to Citi, “Knight's 2Q11 results came in above our and consensus' expectations due to better than expected operations and share repurchases...
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Dahlman Rose Lowering Estimates On Knight Transportation
Thursday, July 28, 2011 - 7:43am | 92Dahlman Rose & Co. is out with a research report on Knight Transportation (NYSE: KNX) and it has a Buy rating and $21 price target on shares. In a note to clients, Dahlman Rose & Co. writes, "EPS from continuing operations of $0.20 was below our estimate of $0.24, but slightly ahead of...
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UPDATE: Bank of America Lowering Price Target On Knight Transportation
Thursday, July 28, 2011 - 7:27am | 166Bank of America Merrill Lynch is out with a research report on Knight Transportation Inc (NYSE: KNX) and is lowering its price target to $17.50, and it has a Neutral rating on shares. In a note to clients, Bank of America Merrill Lynch writes, "Knight posted results that were slightly above our...
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JP Morgan Lowers PT On Knight Transportation To $18
Thursday, July 28, 2011 - 7:26am | 27JP Morgan has lowered the price target on Knight Transportation (NYSE: KNX) from $19 to $18 and maintains its Neutral rating.
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Jefferies Lowers PT On Knight Transportation To $18
Thursday, July 28, 2011 - 6:33am | 27Jefferies & Company has lowered the price target on Knight Transporation (NYSE: KNX) from $19 to $18 and maintains its Hold rating.
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Jefferies Raises PT On Ryder System To $69
Thursday, July 28, 2011 - 6:28am | 27Jefferies & Company has raised the price target on Ryder System (NYSE: R) from $64 to $69 and maintains its Buy rating.
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Citigroup Lowers PT On Knight Transportation To $19
Thursday, July 28, 2011 - 6:00am | 26Citigroup has lowered the price target on Knight Transportation (NYSE: KNX) from $20 to $19 and maintains its Buy rating.
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Bank of America Lowers PO On Knight Transportation To $17.50
Thursday, July 28, 2011 - 5:18am | 28Bank of America has lowered the price objective on Knight Transportation (NYSE: KNX) from $19 to $17.50 and maintains its Neutral rating.
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Puts Purchased on Avis Budget Group
Wednesday, July 27, 2011 - 9:59am | 132Shares of Avis Budget Group (NYSE: CAR) are lower on the session by 2.56%, currently trading at $15.60. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago...
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Options Brief: Trinity Industries
Wednesday, July 27, 2011 - 9:06am | 77Shares of Trinity Industries (NYSE: R) are lower on the session by 8.81%, trading at $32.07. Overall call volume is now running at 3.90x the daily average, with 29% of all calls traded being purchases on the offer. 1,991 contracts have traded on the session so far. Trinity Industries, Inc. is a...
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Options Brief: Ryder System
Wednesday, July 27, 2011 - 9:04am | 77Shares of Ryder System (NYSE: R) are higher on the session by 3.31%, trading at $59.56. Overall call volume is now running at 6.12x the daily average, with 6% of all calls traded being purchases on the offer. 1,187 contracts have traded on the session so far. Ryder System, Inc. provides...