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Knight-Swift (NYSE:KNX) target price raised to $39.00, released a research note earlier today by JPMorgan

Having a price of $40.09, Knight-Swift (NYSE:KNX) traded 1.06% higher on the day. With the last stock price up 12.60% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. KNX has recorded a 50-day average of $39.99 and a two hundred day average of $35.98. Trade Volume was down over the average, with 535,700 shares of KNX changing hands under the typical 2,262,980

JPMorgan bumped up the target of Knight-Swift (NYSE:KNX) to $39.00 reporting a potential downside of -0.03%.

On 10/2/2017, Barclays Capital released a statement about Knight-Swift (NYSE:KNX) upped the target price from $33.00 to $37.00 that suggested a downside of -0.10%.

Recent Performance Chart

Knight-Swift (NYSE:KNX)

Knight-Swift has PE ratio of 41.77 with a one year low of $26.85 and a one year high of $44.45 and has a market capitalization of $0.

In addition to JPMorgan reporting its target price, a total of 17 brokers have issued a report on the stock. The consensus target price is $26.24 with 2 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 16 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Knight-Swift (NYSE:KNX)

Knight Transportation, Inc. is a provider of multiple truckload transportation and logistics services, which involve the movement of trailer or container loads of freight from origin to destination for a single customer. The Company operates through two segments: Trucking and Logistics. Its Trucking segment consists of three operating units: dry van truckload, temperature-controlled truckload and drayage services. The Trucking segment provides truckload transportation, including services of various products, goods and materials. Its Logistics segment consists of two operating units: freight brokerage services and rail intermodal. It provides logistics, freight management and other non-trucking services to its customers, through its Logistics segment. It provides a range of truckload and logistics services through its nationwide network of service centers, truckload tractor fleets and its contractual access to third-party capacity providers. It operates primarily in the United States.

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