Goldman Sachs raised the firm’s price target on Saia (SAIA) to $403 from $370 and keeps a Buy rating on the shares. The firm cites the company’s Q4 earnings beat while noting that it remains positive on the LTL sector and Saia for recovery torque potential upon volume inflection, the analyst tells investors in a research note.
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Read More on SAIA:
- Saia downgraded to Underweight from Equal Weight at Morgan Stanley
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- Saia reports Q4 EPS $1.77, consensus $1.91