Jefferies is naming Saia to the firm’s Franchise Picks list that screens for names with differentiated analysis, supported by catalysts, and sit at valuation levels that suggest upside. The firm sees a long runway for Saia’s continued above-peer revenue growth and margin expansion as the company builds out its terminal footprint to improve density and closes the wide gap in pricing relative to its peers, the analyst tells investors in a research note. Jefferies also rates Saia at Buy with a $500 price target
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