Reported 12 days ago
Knight-Swift Transportation Holdings Inc. (NYSE:KNX) saw a significant 6.43% increase in its stock price, closing at $47.04, following a bullish report from Bank of America, which raised its price target from $41 to $50 and upgraded its recommendation to 'buy.' The investment firm highlighted several catalysts for the price revision, including regulatory measures impacting commercial driver licenses and impending tariffs on imported trucks. Knight-Swift's third-quarter earnings report is anticipated on October 22, where further discussions will be held post-release.
Source: YAHOO