UPDATE: Stifel Initiates Coverage on Matson on Market Leader Position

In a report published Wednesday, Stifel analyst Benjamin Nolan initiated coverage on Matson (NYSE: MATX ) with a Buy rating and $32.00 price target. In the report, Stifel noted, “We are initiating coverage of Matson (MATX) with a Buy rating with a $32 target price on the shares. We expect