Susquehanna analyst Bascome Majors raised the firm’s price target on Saia (SAIA) to $340 from $275 and keeps a Neutral rating on the shares. The firm said its Q2 showed a firmer handle on operating costs without sacrificing service or future growth and noted the management team is active as it will ultimately take a macro turn to reveal the financial fruits of SAIA’s national network build-out.
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