JP Morgan Initiates Coverage On Saia with Overweight Rating, Announces Price Target of $676
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck initiates coverage on Saia (NASDAQ:SAIA) with an Overweight rating and a price target of $676.

March 11, 2024 | 9:57 am
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JP Morgan initiated coverage on Saia with an Overweight rating and set a price target of $676.
The initiation of coverage by a major financial institution like JP Morgan, especially with an Overweight rating and a high price target, is a strong positive signal to the market. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100