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Fly News Breaks for September 5, 2019
KNX
Sep 5, 2019 | 08:29 EDT
Susquehanna analyst Bascome Majors initiated Knight-Swift with a Positive rating as he believes risks to its guidance are less than perceived given a deliberate shift away from spot to steadier contract freight. He also cited upside from additional stock buybacks and M&A, and valuation. Majors has a $40 price target on Knight-Swift shares.
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