BofA raised the firm’s price target on Knight-Swift (KNX) to $58 from $57 and keeps a Buy rating on the shares. The firm, which views Knight-Swift as a beneficiary of the early cycle, maintains its Q4 and 2024 EPS estimates, yet lowered its 2025 EPS estimates 12% to $1.95 from $2.20. Knight-Swift looks set to show operating leverage on improving seasonality, the analyst tells investors.
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