Con-way upgraded to Buy from Hold at Wunderlich Wunderlich upgraded Con-way to Buy citing the improving LTL demand environment and the company's initiatives to improve margins. The firm raised its price target for shares to $57 from $44.
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Con-way downgraded to Neutral at RW Baird As reported previously, Baird downgraded Con-Way to Neutral from Outperform citing incremental risk from both investor sentiment and visibility to the pace of margin improvement. The firm has a $55 price target on the shares.