UBS Maintains Buy on Saia, Lowers Price Target to $541
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Thomas Wadewitz maintains a Buy rating on Saia (NASDAQ:SAIA) but lowers the price target from $618 to $541.

April 29, 2024 | 4:54 pm
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UBS maintains a Buy rating on Saia but lowers the price target from $618 to $541.
The adjustment in price target by UBS reflects a recalibration of expectations for Saia's stock, possibly due to market conditions or company performance. While the Buy rating indicates continued confidence in the company's prospects, the reduced price target suggests a tempered outlook on its valuation. This could lead to short-term price adjustments as investors recalibrate their expectations based on the new target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100