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Saia downgraded to Neutral from Outperform at Credit Suisse

Credit Suisse analyst Ariel Rosa downgraded Saia to Neutral from Outperform with a price target of $288, up from $269. The firm now sees more limited upside given the stock’s strong advance. Further, if there is economic downside, Credit Suisse believes Saia seems likely to surrender some of its recent gains.

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