Blue Bird price target raised to $60 from $43.50 at BofA

BofA raised the firm’s price target on Blue Bird to $60 from $43.50 and keeps a Buy rating on the shares. Following Blue Bird’s announcement of “another record performance” in Q2, the firm hosted CEO Philip Horlock, CFO Razvan Radulescu, and Head of Investor Relations Mark Benfield at the BofA Transportation conference and came away from the meetings “incrementally bullish on the firm prospects in the coming years,” the analyst tells investors.