BMO Upgrades Saia, Shares Gain 3%
From Barchart: 2025-04-07 15:23:00
Saia (NASDAQ:SAIA) shares surged over 3% as BMO Capital upgraded the company to Outperform with a new price target of $455. The firm praised Saia’s strong operating model and ability to generate leverage post-rebound. BMO believes Saia can defend earnings even in a downturn, making it a quality investment opportunity.
BMO Capital views Saia as a quality franchise at a discount, with potential to outperform in improving market conditions. The firm sees Saia’s resilience and upside potential as key factors in their bullish thesis. Despite risks of weak demand and pricing, BMO remains optimistic about Saia’s ability to weather challenges.
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