BofA lowered the firm’s price target on TFI International (TFII) to $143 from $152 and keeps a Neutral rating on the shares. After TFI International posted Q3 adjusted EPS of $1.60, below the firm’s $1.76 estimate and Street’s $1.77 forecast, the firm lowered its Q4, 2024, and 2025 EPS estimates by 7%, 4%, and 4%, respectively.
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Read More on TFII:
- TFI International Posts Strong Q3 2024 Results
- TFI International Reports Strong Q3 Results Amid Challenges
- TFI International increases quarterly dividend to 45c per share, renews NCIB
- TFI International reports Q3 adjusted EPS $1.60, consensus $1.78
- TFI International price target lowered to $158 from $162 at Stifel