Susquehanna raised the firm’s price target on Knight-Swift (KNX) to $52 from $45 and keeps a Positive rating on the shares as part of a Q2 earnings preview. The truckload backdrop “looks better than feared, but still tough,” the analyst tells investors in a research note.
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Read More on KNX:
- Knight-Swift price target lowered to $47 from $48 at BofA
- Cautious Outlook for Knight Transportation Amid Rate Pressures and Network Expansion Costs
- Knight-Swift upgraded to Buy from Neutral at Goldman Sachs
- Knight Transportation Positioned for Growth Amid Favorable Market Conditions and Strategic Management
- Citi ups Knight-Swift target, adds ‘upside 90-day catalyst watch’
