Saia named short-term buy idea at Deutsche Bank

Deutsche Bank placed a “Catalyst Call: Buy” on Saia (SAIA) as a short-term investment idea. The recent 20% pullback in the shares “presents a compelling tactical opportunity,” the analyst tells investors in a research note. The firm sees a high probability of the company beating consensus expectations in both Q1 and Q2. Deutsche’s estimates are already above the Street, and it sees potential for further upside should the macro environment continue to improve. The firm has a Buy rating on Saia with a $340 price target