Knight Transportation (KNX) PT Lowered to $57 at Barclays

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Knight Transportation (KNX) PT Lowered to $54 at BofA Securities

April 18, 2024 5:50 AM EDT

BofA Securities analyst Ken Hoexter lowered the price target on Knight Transportation (NYSE: KNX) to $54.00 (from $58.00) while maintaining a Buy rating.

The analyst comments "This morning, Knight-Swift Transportation (KNX) significantly lowered its 1Q24/2Q24 guidance on persistent pressure from the elongated freight downcycle.... More