Raymond James Maintains Outperform on Saia, Raises Price Target to $604
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown has maintained an Outperform rating on Saia (NASDAQ:SAIA) and increased the price target from $565 to $604.
April 15, 2024 | 5:23 pm
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Raymond James has reaffirmed its Outperform rating on Saia and raised the price target to $604.
The increase in price target by a reputable analyst firm like Raymond James typically signals a strong bullish outlook on the stock, suggesting that the firm believes Saia's future performance will exceed current market expectations. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100