TD Cowen Maintains Buy on Knight-Swift, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jason Seidl maintains a Buy rating on Knight-Swift (NYSE:KNX) but lowers the price target from $58 to $52.

April 18, 2024 | 4:15 pm
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TD Cowen maintains a Buy rating on Knight-Swift but lowers the price target from $58 to $52.
While the Buy rating indicates continued confidence in Knight-Swift's stock, the reduction in the price target could suggest a tempered outlook on the company's short-term price performance. Investors might view this adjustment as a sign of potential challenges or slower growth than previously expected, which could influence the stock's short-term movement. However, the maintained Buy rating also suggests underlying strength or potential in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100