TFI International price target raised to $78 from $72 at BofA

BofA raised the firm’s price target on TFI International (TFII) to $78 from $72 and keeps an Underperform rating on the shares. Following TFI’s Q1 conference call, the firm updated its model, as it says the company moved to stem some of its key small to medium sized business customer losses and overhauls its less-than-truckload operations. Following the call, the firm increased its 2025 and 2026 EPS estimates 8% and 5%, respectively, to $4.85 and $6.10, but notes that its revised FY25 and FY26 estimates remain 7% and 16% lower, respectively, than its pre-Q1 targets.