Saia price target raised to $237 from $235 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Saia to $237 from $235 and keeps an Underweight rating on the shares. In Freight Transportation, the analyst sees Q2 results as likely to mirror Q1 and “present another set of tough numbers across the group,” but adds that this does set up for an “intriguing” Q3 and summer, with all eyes to be on management groups’ forward commentary.