P.A.M. Transportation Services (PTSI) is Reiterated by Stifel to Buy, Lowers Price Target to $ 35

P.A.M. Transportation Services (PTSI) was Reiterated by Stifel to “Buy” while Lowering the Price Target of the company shares to $ 35 from a previous price target of $39 . Stifel advised their investors in a research report released on May 6, 2016.

Many Wall Street Analysts have commented on P.A.M. Transportation Services. Stifel Initiated P.A.M. Transportation Services on Mar 23, 2016 to “Buy”, Price Target of the shares are set at $35.

P.A.M. Transportation Services closed down -1.33 points or -5.82% at $21.53 with 44,274 shares getting traded on Wednesday. Post opening the session at $22.75, the shares hit an intraday low of $21.52 and an intraday high of $22.936 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

P.A.M. Transportation Services Inc. (P.A.M.) is a holding company. The Company conducts operations through the its wholly owned subsidiaries: P.A.M. Transport Inc. T.T.X. LLC P.A.M. Cartage Carriers LLC Overdrive Leasing LLC P.A.M. Logistics Services Inc. Choctaw Express LLC Choctaw Brokerage Inc. Transcend Logistics Inc. Decker Transport Co. LLC East Coast Transport and Logistics LLC S & L Logistics Inc. and P.A.M. International Inc. The Company operates as a truckload dry van carrier transporting general commodities throughout the continental United States as well as in certain Canadian provinces. It also provides transportation services in Mexico under agreements with Mexican carriers. The Company’s freight consists of automotive parts expedited goods consumer goods such as general retail store merchandise and manufactured goods such as heating and air conditioning units.

P.A.M. Transportation Services

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