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Benzinga

Business

Priya Nigam

Knight-Swift Transportation Analyst Turns Bullish On Tightening Truckload Supply Dynamics

BofA Securities KNX Ken Hoexter

Knight,Transportation,Trailer,Tempe,Arizona,Tempe,Arizona,4 - 13 - 19

Knight-Swift Transportation Holdings Inc's (NYSE:KNX) earnings are likely to have bottomed and are poised to recover with "improving spot rate dynamics," according to BofA Securities.

The Knight-Swift Transportation Analyst: Analyst Ken Hoexter upgraded the rating from Neutral to Buy, while raising the price target from $41 to $50.

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