Stephens lowered the firm’s price target on TFI International (TFII) to $105 from $115 and keeps an Equal Weight rating on the shares following a Q4 EPS beat paired with Q1 guidance that “underwhelms.” The firm needs to see more signs of operational improvement before becoming more positive, the analyst tells investors.
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Read More on TFII:
- TFI International upgraded to Neutral from Underperform at BofA
- TFI International: Operational Execution and LTL Margin Strength Support Buy Rating Despite Near-Term Softness
- TFI International reports Q4 adjusted EPS $1.09, consensus 85c
- TFI International sees Q1 adjusted EPS 50c-60c, consensus 80c
- TFI International Announces Board Leadership Transition as Long-Serving Director Retires