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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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 $59 from $55 at Raymond James
- Knight-Swift price target lowered to $53 from $54 at Citi
- Knight-Swift price target lowered to $48 from $52 at JPMorgan
- Knight-Swift price target lowered to $67 from $68 at Morgan Stanley
- Knight-Swift upgraded to Buy from Hold at Stifel