Baird raised the firm’s price target on Knight-Swift (KNX) to $70 from $62 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results.
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Read More on KNX:
- Knight Transportation: Tighter Capacity, Regulatory Tailwinds, and Margin Upside Support Buy Rating
- Closing Bell Movers: Tesla reverses post-earnings gains, IBM slips after Q1
- Knight-Swift reports Q1 adjusted EPS 9c, consensus 17c
- Knight-Swift backs Q2 EPS view 45c-49c, consensus 47c
- Knight Transportation options imply 3.1% move in share price post-earnings
