Knight-Swift price target raised to $59 from $55 at Raymond James

Raymond James raised the firm’s price target on Knight-Swift (KNX) to $59 from $55 and keeps a Strong Buy rating on the shares. Transport stocks steadied in 3Q25 as tariff volatility eased and rates held within a 15%-20% range, though freight volumes dipped after earlier pull-forwards, the analyst tells investors in a research note. Upcoming rate cuts could eventually boost activity, particularly in the auto and housing sectors, the firm says.