Susquehanna lowered the firm’s price target on Saia (SAIA) to $350 from $360 and keeps a Positive rating on the shares. The firm said its 3Q was strong on cost control, but slowing volume offset carry-through into 4Q. Susquehanna trimmed its 2026 EPS as tepid industry tonnage likely continues into 1H, but messaging that 2026 margin expansion isn’t just a function of volumes is encouraging.
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