Matson downgraded at Wolfe on potential tariff risk, lower ocean rates

Nov. 18, 2024 3:23 PM ETMatson, Inc. (MATX) StockBy: Carl Surran, SA News Editor
(2min)

Eric Broder Van Dyke/iStock Editorial via Getty Images

Matson (NYSE:MATX) -3.7% in Monday's trading as Wolfe Research downgraded the shipping company to Peer Perform from Outperform with a $165 price target, expecting headwinds from potential demand risk from China tariffs and lower ocean rates after shares have materially

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About MATX Stock

SymbolLast Price% Chg
MATX
136.32-1.62%
Post135.00-0.97%
Created with Highcharts 11.2.0Jan​'25Dec​'24Nov​'24Oct​'24Sep​'24Aug​'24125150175
Market Cap
$4.53B
PE (FWD)
10.17
Yield
0.97%
Rev Growth (YoY)
6.86%
Short Interest
3.34%
Prev. Close
$138.57
Compare to Peers

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