B of A Securities Maintains Neutral on TFI International, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter has maintained a Neutral rating on TFI International (NYSE:TFII) and increased the price target from $127 to $140.
December 26, 2023 | 8:10 pm
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B of A Securities analyst Ken Hoexter reaffirmed a Neutral rating on TFI International and raised the price target to $140, indicating a potential upside from the previous target of $127.
The increase in price target by B of A Securities suggests a positive outlook on TFI International's future performance, which could lead to a short-term increase in the stock price. The Neutral rating indicates that the stock is fairly valued at its current price, but the raised target implies that there is potential for growth. Investors may view this adjustment as a sign of confidence in the company's value proposition.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100