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Fly News Breaks for May 29, 2015
ARCB
May 29, 2015 | 07:34 EDT
Bofa/Merrill downgraded ArcBest to Underperform and lowered its price target to $36 from $40. The firm believes LTL's will experience more pressure than truckload carriers and sees slightly lower improvement in ArcBest's operating ratio given rising training costs and tougher comps.
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