TFI International price target lowered to $102 from $106 at RBC Capital

RBC Capital lowered the firm’s price target on TFI International (TFII) to $102 from $106 and keeps an Outperform rating on the shares after its Q3 results and guidance. The management has issued Q4 outlook that came in well below expectations and shares were primed for a fairly negative reaction, but a number of factors were brought up on the call, including the CEO pointing to the “sun coming up” in 2026, which helped reverse the negative sentiment, the analyst tells investors in a research note.