Knight Transportation (KNX) Cuts Q4 EPS Outlook

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UBS Cuts Price Target on Knight Transportation (KNX) to $25 Following Adjusted Guidance

December 18, 2015 9:24 AM EST

UBS maintained a Neutral rating on Knight Transportation (NYSE: KNX), and cut the price target to $25.00 (from $27.00), after the company lowered 4Q EPS guidance. The cut was driven by lower average revenue per total mile, higher than expected increases in driver pay, and lower than... More