JP Morgan Maintains Underweight on Knight-Swift, Raises Price Target to $55
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Brian Ossenbeck maintains an Underweight rating on Knight-Swift (NYSE:KNX) and raises the price target from $54 to $55.
July 21, 2023 | 2:44 pm
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JP Morgan maintains an Underweight rating on Knight-Swift and raises the price target from $54 to $55.
The news directly pertains to Knight-Swift (KNX). The Underweight rating suggests that JP Morgan expects the stock to underperform compared to other stocks. However, the increase in price target from $54 to $55 indicates a slightly positive outlook. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100