JP Morgan Maintains Neutral on Knight-Swift, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck has maintained a Neutral rating on Knight-Swift (NYSE:KNX) and lowered the price target from $62 to $60.
April 09, 2024 | 12:59 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Knight-Swift and lowered the price target from $62 to $60.
The adjustment in price target by a major analyst like JP Morgan, while maintaining a Neutral stance, suggests a minor recalibration of expectations rather than a significant change in company outlook. This is likely to have a neutral short-term impact on the stock as the market absorbs the slight adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100