Saia shares are trading higher after Susquehanna maintained a Positive rating on the stock and raised its price target from $500 to $625. Also, Goldman Sachs maintained a Neutral rating on the stock and raised its price target from $446 to $504.
Portfolio Pulse from Benzinga Newsdesk
Saia shares are trading higher following positive analyst actions. Susquehanna maintained a Positive rating and raised its price target from $500 to $625. Goldman Sachs kept a Neutral rating but increased its price target from $446 to $504.
February 08, 2024 | 8:37 pm
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POSITIVE IMPACT
Saia's stock price is positively impacted by analyst upgrades, with Susquehanna raising its price target to $625 and Goldman Sachs to $504.
The increase in Saia's stock price is directly attributed to the raised price targets by Susquehanna and Goldman Sachs. Positive analyst ratings and higher price targets typically lead to increased investor confidence and can drive up stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100