Fly News Breaks for November 20, 2018
Nov 20, 2018 | 07:45 EDT
As previously reported, Stifel analyst Benjamin Nolan downgraded Matson to Hold from Buy citing his expectation for momentum to slow related to container volumes from China. Also, following a tour of logistics companies in Hawaii, Nolan tells investors that "Hawaii is good but not great" and he expects demand growth from that "critical segment" to be only modest, not a catalyst for the shares. Nolan maintains his $43 price target on Matson shares.
News For MATX From the Last 2 Days
There are no results for your query MATX