Matson (NYSE:MATX) Stock

MATSON INC

Matson

Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are Ocean Transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and Logistics segment which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from the Ocean Transportation segment.

Matson Inc

News

Dividends

MATX

Matson Raises Quarterly Dividend From $0.34 To $0.36/Share

Jefferies analyst Omar Nokta maintains Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Buy and maintains $135 price target.

Price Target

Analyst Ratings

Jefferies Maintains Buy on Matson, Maintains $135 Price Target

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
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<li>Piper Sandler raised ZoomInfo Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZI#NASDAQ">ZI</a>) price target from $9 to $11. Piper Sandler analyst Brent Bracelin maintained a Neutral rating. ZoomInfo shares closed at $10.31 on Monday. <a href="https://www.benzinga.com/quote/ZI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham cut the price target for Annexon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANNX#NASDAQ">ANNX</a>) from $16 to $11. Needham analyst Joseph Stringer maintained a Buy rating. Annexon shares closed at $1.77 on Monday. <a href="https://www.benzinga.com/quote/ANNX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Compass Point slashed NexPoint Residential Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NXRT#NYSE">NXRT</a>) price target from $50 to $42.5. Compass Point analyst Merrill Ross downgraded the stock from Buy to Neutral. NexPoint Residential Trust shares closed at $37.53 on Monday. <a href="https://www.benzinga.com/quote/NXRT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>DA Davidson lowered the price target for Rapid7, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPD#NASDAQ">RPD</a>) from $29 to $21. DA Davidson analyst Rudy Kessinger downgraded the stock from Neutral to Underperform. Rapid7 shares closed at $26.74 on Monday. <a href="https://www.benzinga.com/quote/RPD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Benchmark slashed the price target for indie Semiconductor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDI#NASDAQ">INDI</a>) from $8 to $6. Benchmark analyst Cody Acree maintained a Buy rating. indie Semiconductor shares closed at $2.64 on Monday. <a href="https://www.benzinga.com/quote/INDI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Leerink Partners cut Affimed N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFMD#NASDAQ">AFMD</a>) price target from $5 to $0.39. Leerink Partners analyst Daina Graybosch downgraded the stock from Outperform to Market Perform. Affimed shares settled at $0.6930 on Monday. <a href="https://www.benzinga.com/quote/AFMD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays increased Stanley Black &amp; Decker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>) price target from $69 to $90. Barclays analyst Julian Mitchell upgraded the stock from Equal-Weight to Overweight. Stanley Black &amp; Decker shares closed at $72.53 on Monday. <a href="https://www.benzinga.com/quote/SWK/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Canaccord Genuity cut BILL Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BILL#NYSE">BILL</a>) price target from $105 to $75. Canaccord Genuity analyst Joseph Vafi maintained a Buy rating. BILL Holdings shares closed at $47.37 on Monday.  <a href="https://www.benzinga.com/quote/BILL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies increased the price target for Matson, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) from $125 to $135. Jefferies analyst Omar Nokta maintained a Buy rating. Matson shares settled at $113.94 on Monday. <a href="https://www.benzinga.com/quote/MATX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. slashed Neurogene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGNE#NASDAQ">NGNE</a>) price target from $50 to $45. HC Wainwright &amp; Co. analyst Mitchell Kapoor maintained a Buy rating. Neurogene shares closed at $17.70 on Monday. <a href="https://www.benzinga.com/quote/NGNE/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="586" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13075100/image-141-1024x586.png" alt="" class="wp-image-913331" style="width:553px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13075100/image-141-1024x586.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13075100/image-141-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13075100/image-141-768x439.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13075100/image-141.png 1128w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Stanley Black & Decker To Rally Around 24%? Here Are 10 Top Analyst Forecasts For Tuesday

Jefferies analyst Omar Nokta maintains Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Buy and raises the price target from $125 to $135.

Jefferies Maintains Buy on Matson, Raises Price Target to $135

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Shares of railroad, shipping and transportation companies are trading higher amid overall market strength after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could alleviate some macro uncertainty and potentially support shipping activity.

U.S. stocks were higher, with the Dow Jones index gaining around 950 points on Monday.
Shares of NRG Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) rose sharply during Monday's session after the company reported <a href="https://www.benzinga.com/quote/NRG/earnings">better-than-expected first-quarter financial results.</a>
NRG Energy posted adjusted earnings of $2.62 per share, beating market estimates of $1.49 per share. The company's quarterly sales came in at $8.59 billion versus expectations of $7.83 billion.
NRG Energy shares jumped 21.5% to $145.05 on Monday.
Here are some other big stocks recording gains in today&#8217;s session.
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<li>Fluence Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNC#NASDAQ">FLNC</a>) shares jumped 32% to $6.06.</li>
<li>Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) gained 22.1% to $33.31.</li>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) shares jumped 21.4% to $9.72. WeRide will release its first quarter financial results before the opening bell on May 21.</li>
<li>Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) shares rose 21.2% to $39.76 after Argus Research upgraded the stock from Hold to Buy and announced a $40 price target.</li>
<li>Sally Beauty Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBH#NYSE">SBH</a>) gained 21.1% to $9.90 following upbeat quarterly earnings.</li>
<li>Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) shares jumped 20.1% to $102.34.</li>
<li>VNET Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) rose 20.1% to $7.16.</li>
<li>RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) gained 18.3% to $230.01.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) gained 17.3% to $10.53.</li>
<li>Matson, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) shares rose 16.4% to $111.95.</li>
<li>Stanley Black &amp; Decker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>) surged 15.2% to $72.22.</li>
<li>Academy Sports and Outdoors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) gained 15.1% to $45.15.</li>
<li>V.F. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) gained 13% to $15.00.</li>
<li>XPO, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>) rose 12.9% to $125.38.</li>
<li>Zebra Technologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBRA#NASDAQ">ZBRA</a>) jumped 12.7% to $300.64.</li>
<li>Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) gained 12.3% to $32.81.</li>
<li>DICK&#8217;S Sporting Goods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) shares rose 11% to $212.02. Barclays analyst Adrienne Yih maintained Dick&#8217;s Sporting Goods with an Overweight rating and lowered the price target from $254 to $223.</li>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) gained 10.5% to $51.30. Barclays analyst Ramsey El-Assal maintained Affirm with an Overweight rating and raised the price target from $45 to $53.</li>
<li>Masco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAS#NYSE">MAS</a>) rose 10.3% to $68.49. Masco declared a quarterly dividend of 31 cents per common share.</li>
<li>ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) gained 9.6% to $44.93.</li>
<li>Williams-Sonoma, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>) rose 8.8% to $174.35.</li>
<li>Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) gained 8.1% to $92.85.</li>
<li>Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) rose 7.8% to $208.19.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 7% to $319.24. Tesla has touted the company&#8217;s FSD (Full Self-Driving) technology ahead of next month&#8217;s Robotaxi launch in Austin, Texas.</li>
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) rose 5.8% to $209.92. Apple is reportedly contemplating raising the prices for its forthcoming fall iPhone models, while also planning to introduce new features and design changes.</li>
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NRG Energy Posts Upbeat Earnings, Joins Tesla, Apple, Amazon And Other Big Stocks Moving Higher On Monday

Stifel analyst Benjamin Nolan maintains Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Hold and lowers the price target from $160 to $130.

Stifel Maintains Hold on Matson, Lowers Price Target to $130

Stephens &amp; Co. analyst Daniel Imbro maintains Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Overweight and lowers the price target from $175 to $150.

Stephens & Co. Maintains Overweight on Matson, Lowers Price Target to $150

Matson shares are trading lower after the company reported a Q1 sales miss.

In the preceding three months, 4 analysts have released ratings for Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>), presenting a wide array of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Matson and provided 12-month price targets. The average target is $146.25, accompanied by a high estimate of $175.00 and a low estimate of $125.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 0.29%. 
<img src="https://www.benzinga.com/files/images/story/2025/1746540043_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A clear picture of Matson's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Omar Nokta</td>
<td>Jefferies</td>
<td>Maintains</td>
<td>Buy</td>
<td>$125.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Omar Nokta</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Buy</td>
<td>$125.00</td>
<td>-</td>
</tr>
<tr>
<td>Benjamin Nolan</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$160.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Daniel Imbro</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$175.00</td>
<td>$165.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Matson. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Matson compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Capture valuable insights into Matson's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MATX/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Matson analyst ratings.</a>
<h2>Discovering Matson: A Closer Look</h2>
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are Ocean Transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and Logistics segment which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from the Ocean Transportation segment.
<h3>Financial Insights: Matson</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Matson's revenue growth over a period of 3M has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately 12.85%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: Matson's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 14.38%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Matson's ROE excels beyond industry benchmarks, reaching 4.91%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Matson's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.83% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Matson's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.28.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 4 Analysts Discuss Matson Stock

Jefferies analyst Omar Nokta maintains Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Buy and maintains $125 price target.

Jefferies Maintains Buy on Matson, Maintains $125 Price Target

Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) reported quarterly earnings of $2.18 per share which beat the analyst consensus estimate of $2.13 by 2.35 percent. This is a 109.62 percent increase over earnings of $1.04 per share from the same period last year. The company reported quarterly sales of $782.00 million which missed the analyst consensus estimate of $794.33 million by 1.55 percent. This is a 8.30 percent increase over sales of $722.10 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Matson Q1 EPS $2.18 Beats $2.13 Estimate, Sales $782.00M Miss $794.33M Estimate

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Earnings Scheduled For May 5, 2025

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Jefferies analyst Omar Nokta initiated coverage on Matson, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Buy rating and announced a price target of $125. Matson shares closed at $106.62 on Monday. <a href="https://www.benzinga.com/quote/MATX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. analyst Mike Colonnese initiated coverage on Strategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) with a Buy rating and announced a price target of $480. Strategy shares closed at $369.25 on Monday. <a href="https://www.benzinga.com/quote/MSTR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Rosenblatt analyst Barton Crockett initiated coverage on Magnite, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNI#NASDAQ">MGNI</a>) with a Buy rating and announced a price target of $18. Magnite shares closed at $12.35 on Monday. <a href="https://www.benzinga.com/quote/MGNI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Rosenblatt analyst Barton Crockett initiated coverage on Nexxen International Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEXN#NASDAQ">NEXN</a>) with a Buy rating and announced a price target of $15. Nexxen International shares closed at $9.70 on Monday. <a href="https://www.benzinga.com/quote/NEXN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Rosenblatt analyst Barton Crockett initiated coverage on The Trade Desk, Inc. ( (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ttd#NASDAQ">TTD</a>) with a Buy rating and announced a price target of $77. Trade Desk shares closed at $54.40 on Monday.  <a href="https://www.benzinga.com/quote/TTD/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying TTD stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="581" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29080047/image-212-1024x581.png" alt="" class="wp-image-892678" style="width:548px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29080047/image-212-1024x581.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29080047/image-212-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29080047/image-212-768x436.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29080047/image-212.png 1098w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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<li><a href="https://www.benzinga.com/25/04/45060164/general-motors-coca-cola-and-3-stocks-to-watch-heading-into-tuesday">General Motors, Coca-Cola And 3 Stocks To Watch Heading Into Tuesday</a> </li>
</ul>
Photo via Shutterstock

Initiation

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This Trade Desk Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday

Jefferies analyst Omar Nokta initiates coverage on Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Buy rating and announces Price Target of $125.

Jefferies Initiates Coverage On Matson with Buy Rating, Announces Price Target of $125

Management

Matson Announces That Rusty Rolfe, Executive Vice President Of Matson And President of Matson Logistics, Will Retire on July 1, 2025; Jerome Holland Will Succeed Rolfe

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Shares of companies in the broader industrial sector are trading higher amid overall market strength after President Trump said he had no intention of firing Fed Chair Powell. Additionally, Trump indicated the final tariff rate would be less than the current 145% but not 0%.

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Shares of companies in the broader industrial sector are trading higher following US Treasury Secretary Scott Bessent's reported remarks about trade de-escalation with China.

The Donald Trump administration has announced exemptions for domestic exporters and vessel owners from port fees on China-built ships, aimed at bolstering the U.S. shipbuilding industry and countering China&#8217;s maritime influence
What Happened: According to a Reuters report, the Trump administration declared on Thursday that domestic exporters and vessel owners operating in the Great Lakes, the Caribbean, and U.S. territories will be exempt from port fees on China-built vessels.
The U.S. Trade Representative&#8217;s notice, published in the Federal Register, revised a February proposal that initially suggested fees up to $1.5 million per port call on China-built ships.
This proposal had raised concerns among global shipping executives about potential impacts on U.S. export prices and consumer costs.
Jamieson Greer, U.S. Trade Representative, stated, &#8220;Ships and shipping are vital to American economic security and the free flow of commerce.&#8221;
See Also: <a href="https://www.benzinga.com/news/25/04/44880439/80-of-americans-say-the-country-would-be-better-off-with-more-manufacturing-jobs-but-only-25-want-one-themselves">80% Of Americans Say The Country Would Be Better Off With More Manufacturing Jobs—But Only 25% Want One Themselves</a>
Exemptions include ships ferrying goods between domestic ports, to Caribbean islands, and U.S. territories. U.S.-based carriers like Matson Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) and Seaboard Marine will avoid the fees, as will empty ships arriving to load exports.
The levies will be implemented in 180 days, starting October 14, with fees based on net tonnage or container count.
Why It Matters: The decision to exempt domestic shippers from port fees is part of a broader strategy by the Trump administration to revitalize the U.S. shipbuilding industry.
As reported in March, Trump is preparing an executive order with 18 measures aimed at <a href="https://in.benzinga.com/markets/25/03/44136076/trump-reportedly-plans-executive-order-to-boost-us-shipbuilding-and-counter-chinas-maritime-lead">boosting the American maritime sector</a> and countering China&#8217;s dominance.
This move comes amid escalating trade tensions between the U.S. and China. Recent reports indicate that China has significantly <a href="https://benzinga.com/news/global/25/04/44860334/china-cuts-us-oil-purchases-by-90-boosts-imports-from-canada-to-new-heights">reduced its oil imports from the U.S.</a> while increasing imports from Canada. Additionally, fears of <a href="https://benzinga.com/government/regulations/25/04/44868280/us-listed-chinese-stocks-face-250-billion-forced-selling-risk-as-delisting-fears-emerge-what-investors-need-to-know">delisting U.S.-listed Chinese stocks</a> have emerged due to geopolitical frictions.
President Trump has emphasized the <a href="https://benzinga.com/25/04/44832771/the-ball-is-in-chinas-court-trump-says-as-white-house-awaits-beijings-call-china-needs-to-make-a-deal-with-us">need for China to initiate negotiations</a>, stating that the &#8220;ball is in China&#8217;s court&#8221;.
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44782569/trump-to-unveil-semiconductor-tariff-plan-this-week-signals-flexibility-on-tech-exemptions">Trump To Unveil Semiconductor Tariff Plan This Week, Signals Flexibility On Tech Exemptions</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Government

Global

Trump Admin Exempts US Exporters From China-Built Ship Fees Amid Industry Pushback

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Shares of companies within the broader industrial sector are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

Press Releases

MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.34 PER SHARE

MATSON TO PARTICIPATE AT STIFEL 2025 TRANSPORTATION & LOGISTICS CONFERENCE

MATSON TO ANNOUNCE FOURTH QUARTER 2024 RESULTS ON FEBRUARY 25, 2025

MATSON, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 RESULTS; PROVIDES 2025 OUTLOOK

MATSON ANNOUNCES ADDITION OF 3 MILLION SHARES TO EXISTING SHARE REPURCHASE PROGRAM

MATSON TO ANNOUNCE FIRST QUARTER 2025 RESULTS ON MAY 5, 2025

Matson Announces Leadership Succession Plan for Logistics Unit

MATSON, INC. ANNOUNCES FIRST QUARTER 2025 RESULTS

MATSON INCREASES QUARTERLY DIVIDEND TO $0.36 PER SHARE

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