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Fly News Breaks for January 26, 2018
MRTN
Jan 26, 2018 | 07:20 EDT
As previously reported, Seaport Global upgraded Marten Transport to Buy from Neutral with a $30 price target. Coverage was transitioned to analyst Kevin Sterling who believes we are entering a dynamic pricing environment for refrigerated transportation driven by tightening supply and strong demand. Sterling expects Marten's leverage in the model to begin to show benefits in Q2 2018 as the pricing story plays out.
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