Are Analysts Bearish Rush Enterprises, Inc. (NASDAQ:RUSHA) After Last Week?

June 12, 2018 - By Stephen Andrade

Rush Enterprises, Inc. (NASDAQ:RUSHA) Logo

Rush Enterprises, Inc. (NASDAQ:RUSHA) Ratings Coverage

Among 7 analysts covering Rush Enterprises A (NASDAQ:RUSHA), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Rush Enterprises A had 12 analyst reports since December 22, 2017 according to SRatingsIntel. The stock of Rush Enterprises, Inc. (NASDAQ:RUSHA) has “Buy” rating given on Tuesday, February 27 by Buckingham Research. Stifel Nicolaus maintained Rush Enterprises, Inc. (NASDAQ:RUSHA) rating on Tuesday, February 20. Stifel Nicolaus has “Hold” rating and $45.0 target. Stifel Nicolaus maintained Rush Enterprises, Inc. (NASDAQ:RUSHA) rating on Friday, December 22. Stifel Nicolaus has “Hold” rating and $47.0 target. On Wednesday, April 25 the stock rating was upgraded by Stifel Nicolaus to “Buy”. BMO Capital Markets maintained it with “Market Perform” rating and $45 target in Tuesday, February 20 report. Longbow upgraded the stock to “Buy” rating in Friday, June 1 report. Stifel Nicolaus maintained it with “Hold” rating and $52.0 target in Monday, February 5 report. Seaport Global maintained it with “Buy” rating and $62.0 target in Tuesday, January 16 report. Stephens maintained it with “Hold” rating and $57.0 target in Wednesday, January 24 report. Credit Suisse maintained it with “Neutral” rating and $45 target in Wednesday, April 25 report. Below is a list of Rush Enterprises, Inc. (NASDAQ:RUSHA) latest ratings and price target changes.

01/06/2018 Broker: Longbow Old Rating: Neutral New Rating: Buy New Target: $55 Upgrade
25/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $49 New Target: $45 Maintain
25/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Buy Old Target: $45 Upgrade
27/02/2018 Broker: Buckingham Research Old Rating: Neutral New Rating: Buy Old Target: $40 Upgrade
20/02/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $50 New Target: $45 Maintain
20/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $45.0 Maintain
16/02/2018 Broker: BMO Capital Markets Rating: Hold New Target: $45.0 Maintain
09/02/2018 Broker: Stephens Old Rating: Equal-Weight New Rating: Overweight Upgrade
05/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $52.0 Maintain
24/01/2018 Broker: Stephens Rating: Hold New Target: $57.0 Maintain

The stock increased 0.36% or $0.16 during the last trading session, reaching $45.13. About 23,761 shares traded. Rush Enterprises, Inc. (NASDAQ:RUSHA) has risen 18.59% since June 12, 2017 and is uptrending. It has outperformed by 6.02% the S&P500.

Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States. The company has market cap of $1.75 billion. The firm operates a network of commercial vehicle dealerships under the Rush Truck Centers name. It has a 10.75 P/E ratio. The Company’s Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus, or Blue Bird; provides new and used commercial vehicles, and aftermarket parts, as well as service and repair, financing, and leasing and rental services; and offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance to its commercial vehicle customers.

More important recent Rush Enterprises, Inc. (NASDAQ:RUSHA) news were published by: Benzinga.com which released: “Longbow Turns Bullish On Commercial Trucking, Upgrades Navistar, Rush Enterprises” on June 02, 2018, also Globenewswire.com published article titled: “Report: Developing Opportunities within Rush Enterprises, Patrick Industries, A. Schulman, Pareteum, Workiva, and …”, Seekingalpha.com published: “Rush Enterprises: This Auto Dealership Stock Has A Potential Upside Of More Than 20%” on June 11, 2018. More interesting news about Rush Enterprises, Inc. (NASDAQ:RUSHA) was released by: Bizjournals.com and their article: “Rush Enterprises founder Marvin Rush dies at age 79” with publication date: May 17, 2018.

Rush Enterprises, Inc. (NASDAQ:RUSHA) Institutional Positions Chart

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