Citi analyst Ariel Rosa lowered the firm’s price target on Saia (SAIA) to $373 from $393 and keeps a Buy rating on the shares. The firm updated trucking estimates to reflect the less-than-truckload mid-quarter results. The firm says the mid-quarter updates reflects weak freight demand continuing.
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Read More on SAIA:
- Saia upgraded to Positive from Neutral at Susquehanna
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