UPDATE: Citigroup Upgrades Con-Way to Buy; Weak Quarter Signals Inflection
Posted on February 07, 2013 at 12:35 PM EST
Citigroup upgraded Con-Way (NYSE: CNW ) from Neutral to Buy and raised the price target from $30.00 to $39.00. Citigroup commented, "There are three key drivers of our upgrade; 1) core pricing increased 4.2% YoY in 4Q, as an already good pricing environment was boosted by a 4% increase in