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UBS analyst Thomas Wadewitz raised the price target for Knight Transportation to $63, maintaining a Buy rating, following a strong fourth-quarter earnings report that exceeded expectations. The company reported an EPS of $0.36, driven by effective cost management and solid revenue growth of 7.54%. Despite a high P/E ratio of 251.9x, Knight's guidance for 2025 aligns with consensus estimates, indicating a positive outlook amid recent analyst revisions.
Jon Chappell
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ubs raises knight transportation price target to sixty three dollars
United States Dollar
Knight-Swift Transportation Holdings Inc.
USA
Jon Chappell
Thomas Wadewitz
Adam Miller
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18:35 23.01.2025
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