Raymond James analyst Patrick Tyler Brown lowered the firm’s price target on Saia (SAIA) to $310 from $455 and keeps an Outperform rating on the shares. The firm continues to see a strategic investment cycle in capacity that is priming operations for future growth, telling investors in a research note that Saia’s progress and commitment to improving its network continue to position it as one of the more idiosyncratic growth stories in its coverage.
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