Morgan Keegan upgraded its rating of Rush Enterprises (NASDAQ:RUSHA) from Market Perform to Outperform and changed its price target from $22 to $19. The shares recently traded at $15.98, up $0.58, or 3.77%, on the day. The shares have traded in a 52-week range of $14.21 to $21.99 and its market capitalization is $606.29 million. About the company: Rush Enterprises, Inc. operates a regional network of truck centers. The Company sells new and used Peterbilt heavy-duty trucks and John Deere construction equipment. Rush operates dealerships in Texas, California, Oklahoma, Louisiana, Colorado and Michigan.
(Note: Stock ratings are sourced from Briefing.com via the Wall St. Journal. Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)
Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>