Citigroup Initiates Coverage On Knight-Swift with Neutral Rating, Announces Price Target of $55
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ariel Rosa has initiated coverage on Knight-Swift Transportation Holdings Inc. (NYSE:KNX) with a Neutral rating and set a price target of $55.
October 09, 2024 | 2:04 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on Knight-Swift with a Neutral rating and a price target of $55, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Citigroup does not expect significant upside or downside in the short term for Knight-Swift. The price target of $55 provides a benchmark for investors, indicating that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100