Swift Transportation (SWFT) Tops Q3 EPS by 2c; Reaffirms

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Go back to Swift Transportation (SWFT) Tops Q3 EPS by 2c; Reaffirms

Swift Transportation (SWFT) PT Bumped to $24 at Stifel Following Solid Q3

October 25, 2016 9:49 AM EDT

Stifel analyst John Larkin reiterated a Buy rating and bumped his price target on Swift Transportation (NYSE: SWFT) to $24.00 (from $23.00) following Q3 results.

Larkin highlighted:

The truckload segment posted a 4% y/y contraction in revenue (excluding fuel surcharges) to $469 million, and a 140... More

UPDATE: UBS Upgrades Swift Transportation (SWFT) to Buy

October 25, 2016 6:46 AM EDT

(Updated - October 25, 2016 8:20 AM EDT)

UBS upgraded Swift Transportation (NYSE: SWFT) from Neutral to Buy with a price target of $24. Analyst Thomas Wadewitz said Q3 results showed solid execution.

"On Monday night SWFT reported upside 3Q results of $0.34/share versus Consensus of... More