Stifel analyst J. Bruce Chan raised the firm’s price target on Saia (SAIA) to $443 from $440 and keeps a Hold rating on the shares. Heading into Q4 earnings, the firm’s channel checks in the less-than-truckload group suggest that last year finished with relatively soft fundamentals and sub-seasonal volumes, losing some sequential momentum in demand, the analyst tells investors in a preview.
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Read More on SAIA:
- Saia price target raised to $560 from $525 at Jefferies
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- Saia downgraded to Neutral from Positive at Susquehanna
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- Saia price target raised to $566 from $499 at JPMorgan
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