Stock Track | Saia Soars 5.04% on Raised Price Target Amid Solid Tonnage Trends

Stock Track

02/06

Saia Inc.'s (SAIA) stock surged 5.04% in intraday trading on Wednesday, following an upward revision in the price target by TD Cowen. The firm raised its price target on Saia to $478 from $456, citing the company's better-than-expected fourth-quarter results and encouraging tonnage trends in January.

According to TD Cowen, Saia's tonnage trends of 13.5% in January are promising, despite severe weather conditions. The firm acknowledged that 2025 appears to be another investment year for Saia, which could temporarily drag on margins due to increased capital expenditures.

While maintaining a "Hold" rating on the stock, TD Cowen's price target revision reflects optimism about Saia's strong performance and growth prospects, driving the stock's upward momentum on Wednesday.

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The firm raised its price target on Saia to $478 from $456, citing the company's better-than-expected fourth-quarter results and encouraging tonnage trends in January.</p>\n\n<p>According to TD Cowen, Saia's tonnage trends of 13.5% in January are promising, despite severe weather conditions. The firm acknowledged that 2025 appears to be another investment year for Saia, which could temporarily drag on margins due to increased capital expenditures.</p>\n\n<p>While maintaining a \"Hold\" rating on the stock, TD Cowen's price target revision reflects optimism about Saia's strong performance and growth prospects, driving the stock's upward momentum on Wednesday.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SAIA","symbol_name":"Saia Inc.","start_time":0,"source_url":"","article_id":"1177246453","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177246453","pubTimestamp":1738789098,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Saia Inc.'s  stock surged 5.04% in intraday trading on Wednesday, following an upward revision in the price target by TD Cowen. The firm raised its price target on Saia to $478 from $456, citing the company's better-than-expected fourth-quarter results and encouraging tonnage trends in January.According to TD Cowen, Saia's tonnage trends of 13.5% in January are promising, despite severe weather conditions. The firm acknowledged that 2025 appears to be another investment year for Saia, which coul","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SAIA":"Saia Inc."},"translate_title":"由于吨位趋势稳健，Saia上调目标价，股价飙升5.04%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAIA":1},"content_text":"Saia Inc.'s (SAIA) stock surged 5.04% in intraday trading on Wednesday, following an upward revision in the price target by TD Cowen. The firm raised its price target on Saia to $478 from $456, citing the company's better-than-expected fourth-quarter results and encouraging tonnage trends in January.\nAccording to TD Cowen, Saia's tonnage trends of 13.5% in January are promising, despite severe weather conditions. The firm acknowledged that 2025 appears to be another investment year for Saia, which could temporarily drag on margins due to increased capital expenditures.\nWhile maintaining a \"Hold\" rating on the stock, TD Cowen's price target revision reflects optimism about Saia's strong performance and growth prospects, driving the stock's upward momentum on Wednesday.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}