Saia price target raised to $415 from $350 at BMO Capital

BMO Capital analyst Fadi Chamoun raised the firm’s price target on Saia (SAIA) to $415 from $350 and keeps a Market Perform rating on the shares. The company’s Q4 results were below expectations, but guidance suggests an opportunity for operating ratio improvement following a very challenging 2025, the analyst tells investors in a research note. BMO adds that it views risk-reward as balanced at this point, particularly until additional data points emerge to support a cyclical volume recovery.