Susquehanna Maintains Neutral on Knight-Swift, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Bascome Majors maintains a Neutral rating on Knight-Swift (NYSE:KNX) and lowers the price target from $59 to $50.
April 18, 2024 | 12:34 pm
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NEGATIVE IMPACT
Susquehanna maintains a Neutral rating on Knight-Swift and lowers the price target from $59 to $50.
The reduction in price target by Susquehanna reflects a negative outlook on Knight-Swift's stock price in the short term. A lower price target can often lead to a decrease in investor confidence and potentially a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100