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Heartland Express Shares Fall On Downgrade
Stock quotes in this article:
HTLD
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NEW YORK (AP) — Shares of Heartland Express Inc. tumbled Monday amid a broader market sell-off after an analyst downgraded the trucking company's stock saying it's too expensive to justify a "buy" rating.
Longbow Research analyst Lee Klaskow cut the stock to "neutral," saying the shares do not have much room to grow after coming close to his $17 price target during Friday's session.
The stock has risen about 38 percent since early March, outpacing the Standard & Poor's 500 index by about 9 percent, he noted. ...
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