BMO raises PT on Old Dominion, XPO and Saia as freight-cycle optimism builds
** BMO lifts PT on U.S. transportation firms Old Dominion Freight Line ODFL.O, XPO XPO.N and Saia SAIA.O ** Brokerage says optimism around a freight-cycle recovery is rising, driven by tightening truckload capacity and early signs of industrial stabilization ** Notes XPO and SAIA face greater downside risk than ODFL, if the freight cycle fails to firm ** S&P 500 Transportation Index .SPLRCTRN up nearly 9.5% YTD
| Companies | New PT | Old PT |
| Old Dominion Freight Line | $215 | $185 |
| XPO | $230 | $205 |
| Saia | $425 | $415 |
Recent news on Saia
See all newsSaia Q1 revenue gowth beats analyst estimates on recovery in March
U.S. RESEARCH ROUNDUP-Centerspace, Union Pacific, XPO
Brief: Saia In Feb, Ltl Shipments Per Workday Increased 0.3%, LTL Tonnage Per Workday Declined 2.7%
U.S. STOCKS ON THE MOVE-Omnicom, Klarna, US airlines
BMO raises PT on Old Dominion, XPO and Saia as freight-cycle optimism builds