TFI International price target lowered to $93 from $94 at Stifel

Stifel lowered the firm’s price target on TFI International (TFII) to $93 from $94 and keeps a Hold rating on the shares, telling investors that Q3 marked “another solid improvement and stabilization in operations. While the firm sees “a long way to go” to close the 200 basis point operating ratio gap with the next-worst public U.S. LTL peer, that “could also bring opportunity, especially in a tightening market,” the analyst tells investors.