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Stifel disclosed Knight Transportation (NYSE:KNX), boosting its price target to $29.00 earlier today

Indicating a possible downside of -0.11%, Stifel increased the stock price target of Knight Transportation (NYSE:KNX) to $29.00

Boasting a price of $32.65, Knight Transportation (NYSE:KNX) traded 3.52% higher on the day. With the last stock price close up 8.47% from the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. Knight Transportation has recorded a 50-day average of $33.29 and a two hundred day average of $31.16. Volume of trade was down over the average, with 787,601 shares of KNX changing hands under the typical 991,456

Performance Chart

Knight Transportation (NYSE:KNX)

With a total market value of $0, Knight Transportation has price-earnings ratio of 29.14 with a one year low of $23.77 and a one year high of $38.80 .

A total of 17 equity analysts have released a ratings update on KNX. Two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, sixteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $26.24.

Brief Synopsis About Knight Transportation (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. The Company operates primarily in the United States with minor operations in Canada and Mexico. The Company's Trucking segment consists of approximately three operating units: dry van truckload (Dry Van); temperature-controlled truckload (Refrigerated) and drayage services (Drayage). The Trucking segment provides truckload transportation, including services of various products, goods and materials. Its Logistics segment consists of approximately two operating units: freight brokerage services (Brokerage) and rail intermodal (Intermodal). The Company provides logistics, freight management and other non-trucking services to its customers, through its Logistics segment.

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