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SHYF

Shyft Group

$15.51 /

+0.71 (+4.80%)

, AMZN

Amazon.com

$3,176.00 /

-8.49 (-0.27%)

12:55
07/10/20
07/10
12:55
07/10/20
12:55

Shyft soars after Amazon confirms to Reuters 2,200 truck order

Shyft Group (SHYF) shares are soaring after Amazon.com (AMZN) confirmed to Reuters that it ordered more than 2,200 heavy-duty Utilimaster delivery trucks from the company. Shyft Group, formerly known as Spartan Motors, is made up of brands Utilimaster, Royal Truck Body, Strobes-R-Us, Spartan RV Chassis, and Builtmore Contract Manufacturing. Amazon declined to say how many of the vehicles have been sent to Amazon delivery contractors, or where they would be deployed, Lisa Baertlein and P.J. Huffstutter of Reuters report. Amazon.com is launching a new fleet of bigger, boxier trucks like those used by UPS (UPS) and FedEx (FDX), the writers add. Following the report, shares of Shyft Group are up 25%, or $3.64, to $18.44. Reference Link

SHYF

Shyft Group

$15.51 /

+0.71 (+4.80%)

AMZN

Amazon.com

$3,176.00 /

-8.49 (-0.27%)

UPS

UPS

$114.97 /

+0.53 (+0.46%)

FDX

FedEx

$157.55 /

+1.88 (+1.21%)

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SHYF Shyft Group
$15.51 /

+0.71 (+4.80%)

AMZN Amazon.com
$3,176.00 /

-8.49 (-0.27%)

07/10/20 Citi
Amazon.com price target raised to $3,550 from $2,700 at Citi
07/09/20 Wedbush
Pinterest price target raised to $31 from $26 at Wedbush
07/09/20 Credit Suisse
Consumer survey highlights good initial interest in Walmart+, says Credit Suisse
07/08/20 Morgan Stanley
Walmart membership plan seems geared at protecting grocery, says Morgan Stanley
UPS UPS
$114.97 /

+0.53 (+0.46%)

07/10/20 Credit Suisse
UPS price target raised to $118 from $101 at Credit Suisse
07/01/20 Morgan Stanley
Market 'being very generous' with FedEx multiple, says Morgan Stanley
07/01/20 Citi
FedEx price target raised to $170 from $160 at Citi
06/19/20 Credit Suisse
FedEx price target raised to $150 from $121 at Credit Suisse
FDX FedEx
$157.55 /

+1.88 (+1.21%)

07/06/20 Argus
FedEx upgraded to Buy from Hold earlier at Argus
07/02/20 Deutsche Bank
FedEx price target raised to $150 from $128 at Deutsche Bank
07/01/20
Fly Intel: Top five analyst upgrades
07/01/20 Cowen
FedEx price target raised to $167 from $156 at Cowen

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