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Stifel Nicolaus announced Marten Transport (NASDAQ:MRTN), bumping up its stock price target to $23.00 today

In a report issued 2/10/2017 Stifel Nicolaus bumped up the target of Marten Transport (NASDAQ:MRTN) from $21.00 to $23.00 reporting a possible upside of 0.03%.

Just yesterday Marten Transport (NASDAQ:MRTN) traded 4.04% higher at $22.30. Marten Transport’s 50-day moving average is $23.15 and its 200-day moving average is $22.28. The last stock price is up 4.13% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.06% over the same time period. 152,175 shares of MRTN traded hands, up from an average trading volume of 113,410

Recent Performance Chart

Marten Transport (NASDAQ:MRTN)

Marten Transport has 52 week low of $16.06 and a 52 week high of $27.05 with a PE ratio of 22.75 and has a market capitalization of $0.

In addition to Stifel Nicolaus reporting its stock price target, a total of 4 analysts have released a report on Marten Transport. The 12-month price target is $20.50 with three analysts rating the company a strong buy, one analyst rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

General Company Details For Marten Transport (NASDAQ:MRTN)

Marten Transport, Ltd. is a national protective service transportation company. It is a temperature-sensitive truckload carrier. The Company specializes in transporting and distributing food and other consumer-packaged goods that require a temperature-controlled or insulated environment. The Company operates through four segments: Truckload, Dedicated, Intermodal and Brokerage. Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment provides temperature-controlled trailers, dry vans and other specialized equipment within the United States. The Intermodal segment transports its customers' freight within the United States. The Brokerage segment arranges for smaller third-party carriers to transport freight for its customers in temperature-controlled trailers and dry vans. It operates throughout the United States and in parts of Canada and Mexico.

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