In a report released yesterday, Todd Fowler from KeyBanc reiterated a Buy rating on Knight Transportation (KNX), with a price target of $39. The company’s shares closed yesterday at $28.63.
According to TipRanks.com, Fowler is a 4-star analyst with an average return of 9.7% and a 58.3% success rate. Fowler covers the Services sector, focusing on stocks such as Old Dominion Freight, Werner Enterprises, and XPO Logistics.
Currently, the analyst consensus on Knight Transportation is a Strong Buy with an average price target of $43.83.
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The company has a one-year high of $51.94 and a one-year low of $23.27. Currently, Knight Transportation has an average volume of 2.48M.
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Knight-Swift Transportation Holdings, Inc. is truckload carrier and also provides transportation solutions. The company operates through six segments: Knight Trucking, Knight Logistics, Swift Truckload, Swift Dedicated, Swift Refrigerated and Swift Intermodal. The Knight Trucking segment offers dry van, refrigerated and drayage services.
