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Enter Symbol:
 
Arcbest Corp. (ARCB) [hlAlert]

Rating:
Outperform
ABFS
down 6.76 %

Arkansas Best Corporation (ABFS) upgraded to Outperform by Morgan Keegan

Posted on: Monday,  Jun 15, 2009  8:25 AM ET by Morgan Keegan

Morgan Keegan rated Outperform Arcbest Corp. (NASDAQ: ARCB) on 06/15/2009, when the stock price was $28.96. Since
then, Arcbest Corp. has lost 6.77% as of 01/14/2016's recent price of $27.00.
If you would have followed this Morgan Keegan's recommendation on ARCB, you would have lost 6.76% of your investment in 2404 days.

Arkansas Best Corporation is a holding company. The Company, through its subsidiaries, is engaged in motor carrier transportation operations. The principal subsidiary of the Company is ABF Freight System, Inc. (ABF). ABF offers national, inter-regional and regional transportation of general commodities through standard, expedited and guaranteed less-than-truckload (LTL) services. General commodities include all freight except hazardous waste, dangerous explosives, commodities of exceptionally high value and commodities in bulk. ABF accounted for 96% of the Company?s consolidated revenues for the year ended December 31, 2008. The Company?s LTL motor carrier operations are conducted through ABF, ABF Freight System (B.C.), Ltd., ABF Freight System Canada, Ltd., ABF Cartage, Inc. and Land-Marine Cargo, Inc. (collectively ABF).

Since Morgan Keegan's founding 38 years ago, quality investment research has been a hallmark of the firm. Over the years, we have built our reputation by focusing on companies that have gone unnoticed by Wall Street. Today, our staff of senior equity analysts tracks more than 250 companies concentrated in ten industry sectors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/15/2009 8:25 AM Buy
None
28.96
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/3/2008 8:25 AM Hold
None
29.75
4/23/2008 9:25 AM Buy
None
36.00

(*) Stock Price at the time of the recommendation.
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