Citi analyst Ariel Rosa raised the firm’s price target on Knight-Swift (KNX) to $68 from $64 and keeps a Buy rating on the shares. The firm notes that many stocks in Citi’s North America Transportation coverage “appear expensive” barring significant upward revisions to estimates, which the firm says “in many cases feels premature given macro uncertainty.” The firm adjusted targets in the group as part of a Q1 preview.
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Read More on KNX:
- Knight-Swift price target raised to $65 from $60 at Wells Fargo
- Knight-Swift price target raised to $63 from $61 at Stifel
- Knight-Swift upgraded at Evercore ISI on valuation, improving fundamentals
- Knight-Swift upgraded to Outperform from In Line at Evercore ISI
- Knight-Swift upgraded to Buy from Neutral at UBS
