TD Cowen analyst Jason Seidl lowered the firm’s price target on Knight-Swift to $59 from $62 and keeps an Outperform rating on the shares. The firm said its 2Q miss was accompanied by a notable lowering of guidance on sustained TL intermodal market weakness and margin dilution from the USX acquisition.
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- Knight-Swift price target lowered to $51 from $53 at Susquehanna
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