Susquehanna raised the firm’s price target on Knight-Swift (KNX) to $60 from $58 and keeps a Neutral rating on the shares. The firm the company’s message on signs of life in TL into January rhymes with competitor’s comments, and higher-frequency data remains supportive. They believe the cycle is turning, but remain patient toward how quickly it shows up in TL margins and EPS.
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Read More on KNX:
- Knight-Swift price target raised to $54 from $51 at UBS
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- Knight-Swift reports Q4 adjusted EPS 31c, consensus 35c
- Knight Transportation options imply 4.4% move in share price post-earnings
