As previously reported, Scotiabank downgraded TFI International (TFII) to Sector Perform from Outperform with a C$165 price target. The firm contends that the risk of a Q2 miss or another guidance cut “could outweigh any benefits from Yellow Corporation’s potential failure.”
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Read More on TFII:
- TFI International Completes Previously Announced STG Acquisition
- TForce Freight Successfully Reaches Tentative Agreement with Teamsters Union
- TFI International downgraded to Sector Perform from Outperform at Scotiabank
- TFI International to Release 2023 Second Quarter Results
- TFI International price target lowered to $157 from $160 at Morgan Stanley
