Deutsche Bank said Friday it has identified seven transportation stocks that present "compelling buying opportunities" as part of initiating coverage on the sector.
These are C.H. Robinson Worldwide (CHRW), with a $129 price target; FedEx (FDX), with a $337 price target; Norfolk Southern (NSC), with a $293 price target; Old Dominion Freight Line (ODFL), with a $236 price target; Saia (SAIA), with a $570 price target; Union Pacific (UNP), with a $295 price target; and XPO (XPO), with a $156 price target.
"These names were selected for their idiosyncratic tailwinds, regardless of the economic cycle, and/or their high-quality financial attributes, which should provide resilience in the current uncertain environment," Deutsche Bank said.
Price: 99.01, Change: +1.51, Percent Change: +1.54
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