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Fly News Breaks for May 29, 2015
KNX
May 29, 2015 | 07:34 EDT
Bofa/Merrill downgraded Knight Transportation to Neutral and lowered its price target to $33 from $38. The firm believes truckload carriers' volumes will be challenged in Q2-Q3 and Knight's ramp of brokerage ops could face pressures.
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