Stifel lowered the firm’s price target on TFI International (TFII) to $139 from $142 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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TFII:
- TFI International price target lowered to $145 from $159 at BofA
- TFI International Increases Quarterly Dividend by 13%
- TFI International upgraded to Buy from Hold at Desjardins
- TFI International price target raised to C$223 from C$198 at National Bank
- TFI International price target raised to $176 from $166 at CIBC