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Knight Transportation Wins A New Bull, Deutsche Bank
Tuesday, April 11, 2017 - 3:38pm | 305One of America’s biggest trucking companies Knight Transportation (NYSE: KNX) has agreed to merge with Swift Transportation Co (NYSE: SWFT) to create one of the biggest trucking giants in the industry, to be valued at $5 billion. Following the announcement, Deutsche Bank upgraded Knight...
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Stifel On Knight Transportation: Upgraded To Buy On 'Growing Logistics Business'
Friday, April 10, 2015 - 1:53pm | 319Analysts at Stifel upgraded Knight Transportation Inc (NYSE: KNX) from Hold to Buy this Friday, citing potential upside for the stock for the first time in quite a while. Analysts like the company’s management team and its growth prospects. Multiple Avenues For Growth Knight has been...
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Morgan Stanley Reiterates Underweight Rating on Knight Transportation
Thursday, July 28, 2011 - 10:29am | 155Morgan Stanley has published a report on Knight Transportation (NYSE: KNX) reiterating the Underweight rating. In the report, Morgan Stanley wrote, "In our preview, we highlighted that KNX's 2Q11 results would benefit from 1Q11 contract renewals and some recovery in utilization following poor 1Q...
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Piper Jaffray Maintains Neutral on Knight Transportation
Tuesday, July 12, 2011 - 7:27am | 119Piper Jaffray is out with its report today on Knight Transportation (NYSE: KNX), maintaining Neutral. In a note to clients, Piper Jaffray writes, "We are updating our KNX estimates given the potential for operating costs to trend heavier in 2Q11 (similar to 1Q11) and the softness in the US Freight...
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UPDATE: Bank of America Merrill Lynch Downgrades Knight Transportation to Neutral
Wednesday, May 25, 2011 - 7:42am | 122Bank of America Merrill Lynch is out with its report today on Knight Transportation (NYSE: KNX), downgrading KNX from Buy to Neutral. In a note to clients, Bank of America Merrill Lynch writes, "We are lowering our opinion on Knight Transportation's shares to Neutral from Buy and reduce our price...
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Bank of America Downgrades Knight Transportation to Neutral, Lowers PO To $19
Wednesday, May 25, 2011 - 6:18am | 29Bank of America has downgraded Knight Transportation (NYSE: KNX) from Buy to Neutral and has lowered the price objective from $20 to $19.
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Wells Fargo Downgrades Knight Transportation To Market Perform
Friday, May 20, 2011 - 9:22am | 31Wells Fargo has downgraded Knight Transportation (NYSE: KNX) from Outperform to Market Perform and has lowered the valuation range from $19-21 to $17-19.
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Deutsche Bank Reports On Authorized Buybacks Of KNX
Friday, May 20, 2011 - 7:41am | 197Deutsche Bank is maintaining its Hold rating and its $22 price target on Knight Transportation (NYSE: KNX) following the new of an authorized buyback program announced by the company yesterday. According to Deutsche Bank, “Yesterday after the close, KNX announced a new 10 million share buyback...
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Sterne Agee Lowering EPS And PO On Knight Transportation
Monday, May 16, 2011 - 8:26am | 125According to Sterne Agee, Knight Transportation (NYSE: KNX) EPS and PO are lowered. Sterne Agee said that, although the company disappointed its expectations for the second consecutive quarter on operating events, it decided to wait until other TL carriers had reported to assess the operating...
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UPDATE: J.P. Morgan Color On KNX Target Decrease
Thursday, April 21, 2011 - 7:36am | 124J.P. Morgan, which lowered its PT on shares of Knight Transportation Inc. (NYSE: KNX), is providing some color on the stock. “KNX's 1Q11 EPS was significantly below expectations due to a combination of factors including softness in the Western truckload market, rising fuel prices, and a variety of...
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JP Morgan Lowers PT On Knight Transportation To $19
Thursday, April 21, 2011 - 6:14am | 27JP Morgan has lowered the price target on Knight Transportation (NYSE: KNX) from $21 to $19 and maintains its Neutral rating.
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Piper Jaffray Lowers PT On Knight Transportation To $21
Thursday, April 21, 2011 - 5:57am | 27Piper Jaffray has lowered the price target on Knight Transportation (NYSE: KNX) from $22 to $21 and maintains its Neutral rating.
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Piper Jaffray Retains Neutral Rating On KNX
Thursday, January 27, 2011 - 1:27pm | 131Knight Transportation, Inc. (NYSE: KNX) reported yesterday before the market 4Q10 continuing EPS of $0.19 (+22.6% y-o-y), “below Consensus $0.20 and our $0.21 estimates,” Piper Jaffray reports. “Downside to our estimates resulted from (1) greater purchased transportation costs (faster Brokerage...
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Jefferies Initiates KNX With A Hold Rating, $19 PT
Friday, January 7, 2011 - 8:39am | 27Jefferies is initiating coverage of Knight Transportation, Inc. (NYSE: KNX) with a Hold rating and a $19/share price target.
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Knight Transportation Announces Special Dividends
Friday, November 12, 2010 - 9:14am | 77Deutsche Bank published an alert yesterday on Knight Transportation (NYSE: KNX) after they announced special dividends of $0.75/share. KNX will pay the special dividends along with the $0.06/share regular quarterly dividend on December 23, 2010. Deutsche Bank stated, "We expect shares to react...