Jefferies Downgrades Matson (MATX) to Hold From Buy, Slashes PT to $115

Matson, Inc. (NYSE:MATX) is one of the best shipping and container stocks to invest in now. On July 18, Jefferies downgraded Matson, Inc. (NYSE:MATX) to Hold from Buy, bringing the price target down to $115 from $135.

Is Matson, Inc. (MATX) the Best Marine Shipping Stock to Invest in Now?

A processional line of imposing cargo ships in a large port, capturing the scope of the company’s ocean transportation business.

The analyst told investors in a research note that freight rates and volumes have continued to soften further in July. While the firm anticipates Matson, Inc.’s (NYSE:MATX) Q2 2025 results to be better than expected, it also estimates that its outlook for Q3 “looks to be softer.”

Jefferies thus downgraded Matson, Inc. (NYSE:MATX) and reduced estimates ahead of earnings.

Matson, Inc. (NYSE:MATX) is a holding company that provides logistics and transportation services. Its operations are divided into the Ocean Transportation and Logistics segments.

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Disclosure: None. This article is originally published at Insider Monkey.