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Quantum (QTM) Reaches $3.68 After 8.00% Down Move; 4 Bullish Analysts Covering Forward Air (FWRD)

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Among 9 analysts covering Forward Air (NASDAQ:FWRD), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Forward Air had 30 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 26 by Stifel Nicolaus. The stock has “Market Perform” rating by Cowen & Co on Thursday, July 23. The stock of Forward Air Corporation (NASDAQ:FWRD) has “Peer Perform” rating given on Tuesday, August 1 by Wolfe Research. The firm earned “Hold” rating on Monday, September 11 by Cowen & Co. The rating was maintained by Cowen & Co with “Market Perform” on Tuesday, September 20. The stock of Forward Air Corporation (NASDAQ:FWRD) earned “Buy” rating by Stephens on Friday, February 9. The firm earned “Hold” rating on Tuesday, October 24 by KeyBanc Capital Markets. The stock has “Hold” rating by Cowen & Co on Monday, October 16. Robert W. Baird maintained the shares of FWRD in report on Tuesday, April 10 with “Buy” rating. The firm earned “Hold” rating on Tuesday, September 19 by KeyBanc Capital Markets. See Forward Air Corporation (NASDAQ:FWRD) latest ratings:

26/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Buy Old Target: $52 Upgrade
10/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $65.0000 Maintain
09/02/2018 Broker: Stephens Rating: Buy New Target: $74.0 Maintain
18/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $59.0 Maintain
18/01/2018 Broker: Robert W. Baird Rating: Buy Upgrade
08/01/2018 Broker: Stephens Rating: Buy New Target: $80.0 Maintain

The stock of Quantum Corporation (NYSE:QTM) is a huge mover today! The stock decreased 1.60% or $0.06 during the last trading session, reaching $3.68. About 74,819 shares traded. Quantum Corporation (NYSE:QTM) has declined 43.83% since May 17, 2017 and is downtrending. It has underperformed by 55.38% the S&P500.The move comes after 6 months negative chart setup for the $127.60M company. It was reported on May, 17 by Barchart.com. We have $3.39 PT which if reached, will make NYSE:QTM worth $10.21 million less.

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics firm in the United State and Canada. The company has market cap of $1.73 billion. The firm operates through four divisions: Expedited LTL, Truckload Premium Services , Intermodal, and Pool Distribution. It has a 20.3 P/E ratio. The Expedited LTL segment provides expedited regional, inter-regional, and national less-than-truckload services, as well as local pick-up and delivery services.

Investors sentiment decreased to 1.42 in Q4 2017. Its down 0.48, from 1.9 in 2017Q3. It dived, as 9 investors sold Forward Air Corporation shares while 60 reduced holdings. 38 funds opened positions while 60 raised stakes. 28.01 million shares or 0.61% less from 28.18 million shares in 2017Q3 were reported. Moreover, Jacobs Levy Equity has 0.04% invested in Forward Air Corporation (NASDAQ:FWRD). Moreover, Amer International Grp Inc Incorporated has 0% invested in Forward Air Corporation (NASDAQ:FWRD) for 23,547 shares. Aperio Ltd Liability Co accumulated 10,761 shares. Millennium Mngmt Ltd Co stated it has 0.01% of its portfolio in Forward Air Corporation (NASDAQ:FWRD). Guggenheim Cap Ltd Liability Com has invested 0% in Forward Air Corporation (NASDAQ:FWRD). Old National Fincl Bank In holds 6,108 shares. 206,448 were accumulated by Schwab Charles Inv Inc. Laurion Management L P holds 0% or 7,411 shares in its portfolio. Prudential Inc has 57,147 shares for 0% of their portfolio. 4,578 were accumulated by Parallax Volatility Advisers Limited Partnership. Atlantic Trust Gru Ltd Liability has 24,555 shares for 0.01% of their portfolio. River Road Asset Management Lc holds 416,725 shares. 10,306 were reported by Sg Americas Ltd Co. Employees Retirement Association Of Colorado, Colorado-based fund reported 7,064 shares. Morgan Stanley invested 0% of its portfolio in Forward Air Corporation (NASDAQ:FWRD).

More news for Forward Air Corporation (NASDAQ:FWRD) were recently published by: Benzinga.com, which released: “Stifel Upgrades Forward Air After Solid Q1, Says Freight Transporter Has Evolved Into ‘More Cohesive Platform'” on April 26, 2018. Globenewswire.com‘s article titled: “New Research: Key Drivers of Growth for SecureWorks, Ingles Markets, Insys Therapeutics, Energous, XO Group, and …” and published on May 02, 2018 is yet another important article.

Since February 26, 2018, it had 0 buys, and 1 sale for $135,508 activity. 2,443 shares valued at $135,508 were sold by LYNCH GEORGE M on Monday, February 26.

The stock increased 1.90% or $1.09 during the last trading session, reaching $58.65. About 194,409 shares traded. Forward Air Corporation (NASDAQ:FWRD) has risen 11.41% since May 17, 2017 and is uptrending. It has underperformed by 0.14% the S&P500.

Another recent and important Quantum Corporation (NYSE:QTM) news was published by Gurufocus.com which published an article titled: “AutonomouStuff Deploys Quantum Storage Solutions to Empower End-to-End Autonomous Vehicle Development” on May 17, 2018.

Forward Air Corporation (NASDAQ:FWRD) Institutional Positions Chart

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