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Fly News Breaks for October 30, 2017
RUSHA
Oct 30, 2017 | 07:55 EDT
BMO Capital analyst Joel Tiss raised his price target on Rush Enterprises to $50 following "impressive" Q3 results driven by "robust orders and a lean cost structure". The analyst recommends a better entry point however, maintaining a Market Perform rating and noting that the positives are baked into a premium valuation. Tiss says that over the next 3 years Rush will benefit from a strong North American trucking market.
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