Stephens Analysts Expect Matson Inc (MATX) To Outperform Peers

Matson, Inc. (NYSE:MATX) is one of the 10 most undervalued industrial stocks to buy according to analysts. On January 21, Stephens raised its price target on the Matson, Inc. (NYSE:MATX) stock from $190 to $213. On January 2, it provided its 2026 best stocks list, which included MATX. Stephens’ industry team selected the stock as a top pick for robust growth potential in the year ahead. The firm expects MATX to outperform its industry, broader markets, and the Russell 2000.

Another analyst, Wolfe Research, also issued an update on the stock on January 8. Jacob Lacks from Wolfe Research maintained a Buy rating while raising the firm’s price target for the shares from $142 to $167. The firm noted that the transport sector has faced a prolonged slowdown, with the ISM manufacturing index under 50 for 36 of the past 38 months. Additionally, LTL tonnage has also fallen year-over-year in 22 of the past 23 months. However, the analyst noted in a research note that truckload spot rates have significantly outperformed typical seasonal trends over the last six weeks.

Matson, Inc. (NYSE:MATX) provides logistics and ocean transportation services. The company operates through the Logistics and Ocean Transportation segments. It was incorporated in 1882 and is based in Honolulu, Hawaii.

While we acknowledge the potential of MATX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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