MRTN Similar Chart Price Prediction
The price of MRTN is predicted to go up -62.5%, based on the high correlation periods with ALLR. The similarity of these two price pattern on the periods is 97.82%.
MRTN
ALLR
Down: -62.5%Similarity: 97.82%
MRTN Revenue Forecast
MRTN EPS Forecast
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MRTN Analyst's Forecast
Felix Boeschen
Raymond James
Buy → Hold
2024-10-14
Price Target
n/a
Downside
0%
Raymond James downgraded Marten Transport to Market Perform from Outperform without a price target. As rate cuts take root and freight markets inflect, Marten's defensive posturing is set to be at a disadvantage in the coming quarters given its lack of debt and contract-centric book of business, the analyst tells investors in a research note. The firm would classify Marten Transport as one of the latest cycle beneficiaries in its coverage group.
