Citi analyst Ariel Rosa raised the firm’s price target on Knight-Swift (KNX) to $59 from $55 and keeps a Buy rating on the shares after meeting with management. The firm says the transports cycle inflection may be materializing. It views Knight-Swift as among the best-positioned carriers to benefit over the medium-term.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNX:
- Knight-Swift price target raised to $60 from $53 at TD Cowen
- Knight-Swift price target raised to $70 from $67 at Morgan Stanley
- Knight-Swift price target raised to $57 from $50 at BofA
- Knight Transportation Increases CFO Salary Amidst Leadership Changes
- Knight Transportation’s Mixed Q3 Earnings Call Highlights
