JP Morgan Maintains Overweight on Saia, Lowers Price Target to $580
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck maintains an Overweight rating on Saia (NASDAQ:SAIA) but lowers the price target from $676 to $580.
April 29, 2024 | 3:23 pm
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NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on Saia but lowers the price target from $676 to $580.
While the reduction in price target could suggest a tempered outlook on Saia's short-term price potential, the maintenance of an Overweight rating indicates a continued positive long-term view on the stock by JP Morgan. This mixed signal could lead to neutral short-term price movement as investors digest both the positive rating and the lowered price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100