Knight-Swift price target lowered to $42 from $43 at Susquehanna

Susquehanna lowered the firm’s price target on Knight-Swift (KNX) to $42 from $43 and keeps a Neutral rating on the shares. The firm said 3Q was better than expected excluding unusual items, but the 4Q outlook supports the firm’s view of a muted peak season despite rising supply-side enthusiasm.