Benchmark raised the firm’s price target on Knight-Swift (KNX) to $60 from $55 and keeps a Buy rating on the shares. While the firm has modestly reduced estimates ahead of Q4 results, it notes that December truckload metrics improved, with spot rates showing a stronger-than-typical seasonal uptick.
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Read More on KNX:
- Knight-Swift price target raised to $65 from $50 at Barclays
- Knight-Swift price target raised to $63 from $59 at Stifel
- Knight-Swift price target raised to $61 from $47 at Evercore ISI
- Knight-Swift price target raised to $61 from $49 at JPMorgan
- Knight-Swift price target raised to $64 from $60 at BofA
