Knight Transportation (KNX) Misses Q1 EPS by 22c; Misses on guidance

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Knight Transportation (KNX) PT Lowered to $60 at Baird, 'Remain buyers on pullbacks'

April 25, 2024 6:21 AM EDT

Baird analyst Benjamin Hartford lowered the price target on Knight Transportation (NYSE: KNX) to $60.00 (from $64.00) while maintaining a Outperform rating.

The analyst comments "Remain buyers on pullbacks. Trough profitability for the Truckload business has been disappointing but reflective of depressed demand, excess... More

Knight Transportation (KNX) PT Lowered to $55 at Evercore ISI

April 25, 2024 6:06 AM EDT

Evercore ISI analyst Jon Chappell lowered the price target on Knight Transportation (NYSE: KNX) to $55.00 (from $60.00) while maintaining a In Line rating.

The analyst comments "KNX reported adjusted 1Q24 EPS of $0.12, or $0.20 when core losses from the now discontinued insurance business are added back, coming in exactly in-line with the... More