Rush Enterprises (RUSHA), a leading commercial vehicle retailer, saw its stock soar 5.71% in intraday trading on Wednesday. The surge came after analysts from Stephens & Co. and Bank of America Securities maintained their bullish ratings on the company.
In their reports, the analysts expressed confidence in Rush Enterprises' strong market position and growth prospects. Stephens & Co. reiterated its "Overweight" rating, while Bank of America Securities maintained a "Buy" rating on the stock.
The positive analyst sentiment likely fueled investor optimism, driving the significant upward movement in Rush Enterprises' stock price during Wednesday's trading session.
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