Fly News Breaks for April 17, 2017
SWFT, KNX
Apr 17, 2017 | 07:46 EDT
As previously reported, Baird analyst Benjamin Hartford upgraded Knight Transportation (KNX) to Outperform from Neutral following the pullback in Knight after announcing its merger agreement with Swift Transportation (SWFT). The positive aspects of its merger, coupled with resetting estimates and its attractive risk/reward, are cited by Hartford, who raised his price target to $36 from $35 on Knight Transportation shares.
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