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TFI International price target raised to $140 from $127 at BofA

BofA raised the firm’s price target on TFI International (TFII) to $140 from $127 and keeps a Neutral rating on the shares after the company announced plans to acquire Daseke (DSKE) for $1.1B. The firm says TFI sees immediate cost opportunities in pulling corporate costs and other extraneous fees. It increased 2025 earnings per share estimates by 5%, to $10.15 from $9.75, given potential synergies.

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