Barclays analyst Brandon Oglenski raised the firm’s price target on Saia (SAIA) to $315 from $290 and keeps an Overweight rating on the shares as part of a Q2 preview for the North America transportation group. The firm says continued “stagnant” industrial demand and a potential slowdown in U.S. imports later this year will bring tougher compares ahead for most transportation companies in the back half of 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAIA:
- Saia price target raised to $350 from $313 at Citi
- Saia price target raised to $295 from $285 at JPMorgan
- Saia’s Stable Performance and Future Prospects Justify Hold Rating
- Saia price target lowered to $335 from $350 at Jefferies
- Down More Than 30%: Goldman Sachs Says It’s Time to Buy These 2 Beaten-Down Trucking Stocks