Universal Truckload (ULH) was upgraded to a Zacks Rank #1 (Strong Buy), citing improving earnings prospects for the company. Zacks said the upgrade could support near-term share gains, though the article provided no specific price target or earnings figures. A follow-up Zacks report notes that ULH shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Universal Truckload (ULH) Upgraded to Zacks Rank #1 (Strong Buy)
Universal Truckload (ULH) has been upgraded to a Zacks Rank #1 (Strong Buy), according to Zacks. The upgrade cites improving earnings prospects for the company.
Zacks said the upgrade could support near-term share gains. The report did not provide a specific price target or earnings figures.
Shares Gaining on Estimate Revisions
In a follow-up report, Zacks noted that Universal Logistics (ULH) shares have started gaining and might continue moving higher in the near term. The report attributed the potential to solid earnings estimate revisions.
Key Points
- Universal Truckload (ULH) was upgraded to Zacks Rank #1 (Strong Buy).
- Zacks cited improving earnings prospects as the basis for the upgrade.
- Zacks said the upgrade could support near-term share gains.
- A follow-up Zacks report said ULH shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- No specific price target or earnings figures were provided in the source material.