 Stephens analyst Jack Atkins upgraded Forward Air Corp NASDAQ:FWRD to Overweight from Equal Weight and raised the price target to 165 from 115. Forward Air, which historically focused on the niche deferred air freight sector, expanded its addressable market to focus more on premium less-than-truckload, or LTL, freight for 2021 and culled non-palletized freight from its network, which served to increase its available capacity by about 20, mentions Atkins. 