Citi raised the firm’s price target on Knight-Swift (KNX) to $64 from $59 and keeps a Buy rating on the shares. The firm adjusted ratings and targets in the transports group as part of its 2026 outlook. Citi sees a better setup in 2026 for the sector due to tighter capacity, which it believes should support higher rates.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 $58 at Wells Fargo
- Knight Transportation executes new receivables facility and leadership change
- Knight-Swift price target raised to $62 from $54 at Baird
- Knight-Swift price target raised to $59 from $52 at Stifel
- Knight-Swift price target raised to $58 from $48 at Wells Fargo