Benchmark raised the firm’s price target on Saia (SAIA) to $575 from $475 and keeps a Buy rating on the shares following Saia’s Q4 report, which the firm says “showed another big increase in shipments and relatively good cost control.” Saia is emerging as “one of the best long-term stories in the transport sector” and the addition of Yellow terminals “accelerates its path to becoming like” Old Dominion (ODFL), the analyst added in a post-earnings note.
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