CIBC analyst Kevin Chiang raised the firm’s price target on TFI International (TFII) to $112 from $109 and keeps an Outperformer rating on the shares. While TFI’s Q4 guidance reflects a soft freight environment, the firm continues to see an improvement in TForce Freight’s service metrics. CIBC believes this sets a strong foundation for a significant recovery in earnings when freight volumes do inflect. And looking out into 2026, the firm is more optimistic on the freight cycle.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TFII:
- TFI International price target raised to $106 from $104 at JPMorgan
- TFI International price target lowered to $99 from $101 at TD Cowen
- TFI International price target lowered to $102 from $106 at RBC Capital
- TFI International price target lowered to $105 from $115 at Susquehanna
- TFI International price target lowered to $106 from $110 at Citi