Goldman Sachs analyst Jordan Alliger maintained a Buy rating on Saia yesterday and set a price target of $366.00.
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Jordan Alliger has given his Buy rating due to a combination of factors including Saia’s strategic focus on organic growth and improving operational scale. Despite the current muted demand in the less-than-truckload (LTL) sector, Saia is optimistic about its growth trajectory, especially if market conditions become more favorable.
Additionally, Saia’s management highlights the disciplined pricing environment within the LTL industry, supported by inflationary trends and increased service complexity. The company is also seeing improvements in operating ratios, particularly in legacy terminals, which are performing better than newer facilities. This operational efficiency is expected to enhance profitability as new terminals reach optimal capacity.
In another report released yesterday, TR | OpenAI – 4o also upgraded the stock to a Buy with a $351.00 price target.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is neutral on the stock.