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TFI International upgraded to Neutral from Underperform at BofA

BofA analyst Ken Hoexter upgraded TFI International (TFII) to Neutral from Underperform with a price target of $123, up from $111, given the firm’s view of potential “strong” cash generation, idiosyncratic U.S. less-than-truckload operational improvement, and EPS growth in 2026. The firm increased its 2026 and 2027 EPS estimates by 5% and 6%, respectively.

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