Barclays analyst Brandon Oglenski raised the firm’s price target on Knight-Swift to $72 from $62 and keeps an Overweight rating on the shares. Transports face margin headwinds in early 2023, especially for railroads, but investors are seeing opportunities as many stocks trade below historical trough levels as the market contemplates improving fundamentals later this year, the analyst tells investors in a research note.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on KNX: