TFI International price target lowered to $130 from $162 at Citi

Citi lowered the firm’s price target on TFI International (TFII) to $130 from $162 and keeps a Buy rating on the shares. The company last week reported one of the more disappointing quarters in recent memory, the analyst tells investors in a research note. The firm says that while the shares “look cheap,” there is “ample execution risk” in TFI’s TForce turnaround.