Morgan Stanley analyst Ravi Shanker raised the firm’s price target on TFI International (TFII) to $175 from $160 and keeps an Overweight rating on the shares. Like trucking peers, the tone on TFI’s call was “notably more constructive than in recent quarters,” the analyst tells investors in a post-earnings note.
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Read More on TFII:
- TFI International price target raised to $158 from $137 at RBC Capital
- TFI International price target raised to $163 from $144 at Citi
- TFI International price target raised to $156 from $131 at JPMorgan
- TFI International price target raised to $136 from $117 at Stifel
- TFI International: Buy Rating Reaffirmed as Industrial Freight Rebounds and Price Target Raised to $153
