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Stock impact report

Proficient Auto Logistics: Decent Q3 Results But Muted Near-Term Prospects - Buy [Seeking Alpha]

Proficient Auto Logistics, Inc. (PAL) 
Company Research Source: Seeking Alpha
Management raised full-year revenue expectations but warned of overcapacities and resulting pricing pressure, which have impacted the company's ability to win new business at sufficient margins. As near-term prospects have become more uncertain as of late, I have reduced my profitability estimates and lowered my price target from $18 to $13. However, given the company's deeply discounted valuation and impressive cash flow yield, I am reiterating my "Buy" rating on the stock. sefa ozel/iStock via Getty Images Note: I have covered Proficient Auto Logistics, Inc., or "PAL" ( PAL ) previously, so investors should view this as an update to my earlier articles on the company. Last week, Proficient Auto Logistics reported decent More on my IG service Massively Outperform in Any Market Value Investor's Edge provides the world's best energy, shipping, and offshore market research. Over the past decade, we have achieved an annualized return of almost 40% with a long-only mode Show less Read more
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