TD Cowen analyst Jason Seidl lowered the firm’s price target on TFI International (TFII) to $107 from $115 and keeps a Buy rating on the shares. The firm updated its model following Q2 results as they nicely beat estimate and consensus expectations in Q2, driven primarily by TForce margin upside versus guide. Though not much sequential improvement is expected, the company expects to tread water in 2H despite multiple idiosyncratic initiatives.
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Read More on TFII:
- TFI International downgraded to Market Perform from Buy at Cormark
- TFI International’s Strong Q2 Performance and Strategic Initiatives Justify Buy Rating Despite Cautious Outlook
- TFI International Reports Q2 2025 Earnings Decline
- TFI International Reports Decline in Q2 2025 Revenue and Income
- TFI International reports Q2 adjusted EPS $1.34, consensus $1.23