Citi analyst Ariel Rosa maintains $Saia (SAIA.US)$ with a buy rating, and adjusts the target price from $534 to $651.
According to TipRanks data, the analyst has a success rate of 68.9% and a total average return of 17.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Saia (SAIA.US)$'s main analysts recently are as follows:
The escalation in less than truckload multiples indicates a market optimism for future prospects that transcends the present economic downturn. A renewed cyclical analysis underpins the potential for significant earnings expansion through 2026. The analysis proposes substantial volume opportunities for the sector, driven by market share gains in conjunction with a resurgence in demand.
The sentiment for North America transports is observed to have 'rapidly improved,' despite mixed third quarter earnings reports and generally cautious forecasts for the fourth quarter. There is a concern that investors may be pursuing stocks that have already experienced substantial increases, with companies needing to exceed estimates by a wide margin to warrant their current market valuations. Additionally, there is a growing risk of potential underperformance in 2025 earnings projections.
Note:
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