Knight-Swift Transportation Holdings Reaches Analyst Target Price
May 29, 2020 at 08:04 AM EDT
In recent trading, shares of Knight-Swift Transportation Holdings Inc (KNX) have crossed above the average analyst 12-month target price of $40.69, changing hands for $41.06/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
