TD Cowen analyst Jason Seidl raised the firm’s price target on TFI International to $163 from $158 and keeps an Outperform rating on the shares. The firm noted they agreed to acquire JHT, a logistics provider of truck/autos transportation as the company works to build out its niche logistics portfolio.
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Read More on TFII:
- TFI International Agrees to Acquire JHT
- TFI International to acquire JHT, terms not disclosed
- TFI International price target raised to $150 from $120 at Wells Fargo
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