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SAIA Saia News Story

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IndustrialsAdventurousLarge CapHigh Flyer

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

CompaniesNew PTOld PT
Old Dominion Freight Line$215$185
XPO$230$205
Saia$425$415
(Reporting by Apratim Sarkar in Bengaluru) ((Apratim.Sarkar@thomsonreuters.com))

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