Wells Fargo raised the firm’s price target on Knight-Swift (KNX) to $60 from $58 and keeps an Overweight rating on the shares. Entering 2026, the firm thinks an incrementally more offensive approach to the group with a greater focus on early cycle makes sense. Wells sees two themes emerging in 2026, namely the long-awaited TL recovery led by supply and rail M&A and its implications.
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