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Fly News Breaks for December 13, 2018
SAIA
Dec 13, 2018 | 07:46 EDT
As reported yesterday, SunTrust analyst Stephanie Benjamin initiated Saia with a Buy rating and a $70 price target. The analyst expects the company to outperform its less-than-truckload market peers and sees its 18-month progress on its Northeast terminal expansion strategy as an "inflection point". Benjamin is anticipating that Saia will gain market share in the region and achieve greater nationwide scale through wider U.S. market coverage.
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