BofA upgraded Knight-Swift (KNX) to Buy from Neutral with a price target of $50, up from $41. The firm sees several supply side catalysts and tariffs on imported heavy-duty trucks upcoming on November 1 tightening truckload supply dynamics. The firm increased its 2026 EPS view by 2% to $2.05, led by improving spot rate dynamics.
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Read More on KNX:
- Knight-Swift price target raised to $59 from $55 at Raymond James
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