In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on USA Truck (NASDAQ: USAK), with a price target of $30. The company’s shares closed on Friday at $18.90.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 14.8% and a 68.8% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.
USA Truck has an analyst consensus of Moderate Buy, with a price target consensus of $33, a 74.6% upside from current levels. In a report issued on October 17, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $34 price target.
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The company has a one-year high of $29.15 and a one-year low of $13.78. Currently, USA Truck has an average volume of 76.02K.
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USA Truck, Inc. operates as an international truckload carrier, which engages in the provision of truckload and freight services. It operates through the Trucking and USAT Logistics segment. The Trucking segment involves one-way truckload and dedicated freight motor carrier services.
