BofA analyst Ken Hoexter lowered the firm’s price target on TFI International (TFII) to $145 from $159 and keeps a Neutral rating on the shares. Based on peer less-than-truckload published updates, the firm believes Q4 deteriorated slightly from Q3 and BofA has lowered its Q4, 2024, and 2025 EPS estimates 8%, 2%, and 4%, respectively.
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Read More on TFII:
- TFI International Increases Quarterly Dividend by 13%
- TFI International upgraded to Buy from Hold at Desjardins
- TFI International price target raised to C$223 from C$198 at National Bank
- TFI International price target raised to $176 from $166 at CIBC
- TFI International price target raised to $170 from $158 at Citi