Saia shares are trading higher after Evercore ISI Group upgraded the stock from In-Line to Outperform and raised its price target from $298 to $360.
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group upgraded Saia stock from In-Line to Outperform and raised its price target from $298 to $360, causing shares to trade higher.
June 27, 2023 | 3:48 pm
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Saia shares are trading higher due to Evercore ISI Group's upgrade to Outperform and a raised price target from $298 to $360.
The upgrade from Evercore ISI Group is a positive signal for Saia, as it indicates increased confidence in the company's performance. The raised price target suggests that the stock has more room to grow, which is likely to attract more investors and drive the share price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100