Raymond James Maintains Outperform on Knight-Swift, Lowers Price Target to $57
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Patrick Tyler Brown has maintained an 'Outperform' rating on Knight-Swift (NYSE:KNX), but lowered the price target from $63 to $57.
July 18, 2023 | 12:06 pm
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Knight-Swift's price target has been lowered from $63 to $57 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100