TD Cowen raised the firm’s price target on Knight-Swift (KNX) to $70 from $67 and keeps an Outperform rating on the shares. The analyst noted the announced acquisition of U.S. Express (USX) which plans to drive efficiency improvements in USX s beleaguered TL and Brokerage segments.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on KNX:
- Knight-Swift upgraded to Outperform on deal accretion at Wolfe Research
- Knight-Swift upgraded to Outperform from Peer Perform at Wolfe Research
- Knight-Swift price target raised to $76 from $70 at BofA
- Knight-Swift Transportation Lands U.S. Xpress in Nine-Figure Deal
- Knight-Swift to acquire U.S. Xpress Enterprises for $6.15 per share
Questions or Comments about the article? Write to editor@tipranks.com