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Stock impact report

Analyst Bullish on Knight-Swift (KNX) Over Demand Upside [Yahoo! Finance]

Knight-Swift Transportation Holdings Inc. (KNX) 
Last knight-swift transportation holdings inc. earnings: 4/22 09:00 am Check Earnings Report
US:NYSE Investor Relations: investor.knighttrans.com
Company Research Source: Yahoo! Finance
Knight-Swift Transportation Holdings Inc. (NYSE: KNX ) is among the 10 best non-tech stocks to buy and hold for 5 years On March 4, Barclays analyst Brandon Oglenski raised the firm's price target on Knight-Swift Transportation Holdings Inc. (NYSE:KNX) to $75 from $65 and maintained an Overweight rating on the shares. The firm says that with February spot rates up 25%, ongoing regulatory enforcement, and fresh signs of demand upside, the truckload market appears to have finally turned a corner. In his note, Oglenski also said that he sees potential for double-digit contract renewals for Knight-Swift Transportation Holdings Inc. (NYSE:KNX) later this year. Meanwhile, on March 2, Stifel reiterated its Buy rating on Knight-Swift Transportation (NYSE:KNX) and five other logistics companies, citing price support in ocean container shipping rates from longer Asia-Europe transit times and higher fuel-surcharges revenues from temporarily elevated fuel prices as key benefits. The analyst sa Show less Read more
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