UPDATE: Stifel Nicolaus Downgrades Heartland Express on Valuation

In a report published Tuesday, Stifel Nicolaus analyst John Larkin downgraded Heartland Express, Inc. (NASDAQ: HTLD ) from Buy to Hold due to valuation and removed its $19.00 price target. According to the report, “Rating change is primarily valuation based as well as from our view that most transportation equities