Baird Maintains Outperform on Knight-Swift, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Benjamin Hartford maintains an Outperform rating on Knight-Swift (NYSE:KNX) but lowers the price target from $64 to $60.
April 25, 2024 | 10:52 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Baird maintains an Outperform rating on Knight-Swift but lowers the price target from $64 to $60.
While the reduction in price target could suggest a tempered outlook on Knight-Swift's short-term price potential, the maintenance of an Outperform rating indicates continued confidence in the company's fundamentals and growth prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100