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Fly News Breaks for April 25, 2018
NAV, RUSHA
Apr 25, 2018 | 07:53 EDT
As previously reported, Stifel analyst Michael Baudendistel upgraded Rush Enterprises (RUSHA) to Buy from Hold, as he believes the stock has been unjustly caught up in the "truck cycle is peaking" thesis, which he views as less relevant to Rush than its peer given its weighting toward smaller fleets and the importance of parts and service. Noting also that he has recently become more positive on Navistar's (NAV) prospects and Rush's parts capabilities, Baudendistel raised his price target on Rush shares to $50 from $45.
News For RUSHA;NAV From the Last 2 Days
