BMO Capital raised the firm’s price target on TFI International (TFII) to $115 from $110 and keeps a Market Perform rating on the shares as part of a broader research note on the Transportation industry. The powerful transportation rally since late November 2025 does not appear extended when assessed in the context of the full freight cycle, which peaked in 2022, the analyst tells investors in a research note. As long as the freight cycle continues to progress along a recovery trajectory, transportation equities offer further upside potential, BMO added.
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Read More on TFII:
- TFI International price target raised to $134 from $123 at Susquehanna
- TFI International price target raised to $116 from $113 at Stifel
- TFI International price target lowered to $105 from $115 at Stephens
- TFI International upgraded to Neutral from Underperform at BofA
- TFI International: Operational Execution and LTL Margin Strength Support Buy Rating Despite Near-Term Softness