Susquehanna analyst Bascome Majors lowered the firm’s price target on Knight-Swift (KNX) to $45 from $54 and keeps a Positive rating on the shares. The firm views the company’s decision not to guide 3Q as prudent; breaking with recent two-quarter forward practice, and believe very valid fears around the retail macro and truckload pricing/margins will quickly de-risk estimates for 2025.
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