Barclays raised the firm’s price target on Saia to $560 from $480 and keeps an Overweight rating on the shares. The firm says that while the magnitude of the post-earnings stock outperformance came as a surprise, it is incrementally optimistic for Saia’s long-term earnings potential. The company delivered a solid quarter with margins at the high end of the guidance range and impressive yield performance, the analyst tells investors in a research note.
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