Equity Analysis /
United States of America

US : The Shyft Group, Inc. - SHYF | Notes from the (Virtual) Road; Growth Algo Well on Track

    CGS-CIMB
    21 January 2021
    Published byCGS-CIMB

    We maintain our Outperform rating on Shyft as we believe SHYF garners a highly unique growth story, anchored by the secular shift toward e-commerce and accompanying need for increased industry capacity for last mile delivery vehicles. Moreover, while we suspect a substantial portion of near-term or