Raymond James Maintains Outperform on Saia, Raises Price Target to $260
Raymond James analyst Felix Boeschen maintains Saia (NASDAQ:SAIA) with a Outperform and raises the price target from $255 to $260.
ArcBest Sees August Tonnage Dip In Efforts To Bolster LTL Service
Transportation and logistics provider ArcBest Corp. provided an update on August's trends on Wednesday. The company's asset-based segment, which includes less-than-truckload, saw tonnage decline 4% year-over-year during August, a turnaround from the 5% increase recorded during July.
Old Dominion Says Share Gains Drive Tonnage, Revenue Higher In Q3
Less-than-truckload carrier Old Dominion Freight Line announced Tuesday that volumes and yields grew at an accelerated clip during August.
The Thomasville, North Carolina-based carrier saw revenue increase 29.1% year-over-year during the month, following a 36.7% growth rate in July. Tonnage was up 18.6% year-over-year in July and 10.9% in August.
Saia’s Momentum Carries Into 3rd Quarter
Less-than-truckload carrier Saia reported year-over-year tonnage increases for the first two months of the third quarter on Friday.
Expert Ratings For Saia
Analysts have provided the following ratings for Saia (NASDAQ:SAIA) within the last quarter:
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Thursday's morning session saw 119 companies set new 52-week highs.
Morgan Stanley Maintains Underweight on Saia, Raises Price Target to $140
Morgan Stanley analyst Ravi Shanker maintains Saia (NASDAQ:SAIA) with a Underweight and raises the price target from $135 to $140.
Drilling Deep: Saia, ODFL, And KC Southern On Mehrotra’s Mind
Amit Mehrotra of Deutsche Bank joined host John Kingston for the Drilling Deep podcast to talk about the just-completed earnings season.
B of A Securities Upgrades Saia to Neutral, Raises Price Target to $236
B of A Securities analyst Ariel Rosa upgrades Saia (NASDAQ:SAIA) from Underperform to Neutral and raises the price target from $196 to $236.
The XPO-GXO Spinoff Saga: ‘See You At The Crossroads’
Brad Jacobs hasn't been denied much during what has been one of the most accomplished business careers of the past 40 years. What Jacobs has wanted, he's taken, judging by his founding of five billion-dollar businesses, three of which became very successful publicly traded companies.