Raymond James Maintains Outperform on Saia, Lowers Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown maintains an Outperform rating on Saia (NASDAQ:SAIA) but lowers the price target from $450 to $420.

October 30, 2023 | 12:24 pm
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Raymond James has maintained an Outperform rating on Saia but lowered the price target from $450 to $420.
The news is directly about Saia and is likely to influence investor sentiment. The Outperform rating suggests that Raymond James expects Saia to outperform the market, which is positive. However, the lowering of the price target may be seen as a negative signal, suggesting that the analyst expects less upside than before. The net impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100